19.08.2015 04:23:00
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Norinchukin Bank -- Moody's: Japan Post Bank's portfolio diversification increases risks
Tokyo, August 19, 2015 -- Moody's Japan K.K. says that Japan Post Bank Co., Ltd.'s (JPB, unrated) liquidity levels and funding profile will stay strong, even as its credit, execution, operational and foreign-currency liquidity risks rise, due to its three-year plan to diversify its assets away from Japanese government bonds (JGBs) towards higher yielding, but riskier investment securities, such as foreign bonds and equities.