A woman walks outside a train station in Tokyo's business district in Japan, March 29 2019. TORU HANAI/BLOOMBERG
Makoto Takashima said banks should instead be responsible for their own risk appetite and investment strategy, wading into a long-brewing debate about the impact of ultra-low interest rates on commercial lenders. “I don’t think it’s quite right for banks to blame monetary policy for their changing risk appetite, or poor investment performance as a result of loosening their risk control,” Takashima said in an interview.“Each bank should be responsible for their risk appetite to respond to their customer needs and boost revenue,” he said.