01836cas a2200241 a 4500 AALejournalIMF017948 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484319741 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Monetary and Capital Markets Department. Japan : Financial Sector Assessment Program-Technical Note-Long-Term Challenges for Financial Intermediation. Washington, D.C. : International Monetary Fund, 2017. 1 online resource (57 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This Technical Note analyzes and quantifies the effect of aging in Japan-both at the national and regional levels-on the nature of financial intermediation. Mounting demographic headwinds constitute a major challenge for regional financial institutions in Japan. According to prefectural population projections and econometric estimates, the impact from demographic headwinds is likely to intensify significantly over the next two decades. Financial sector policies should aim to address the constraints to financial access by further promoting risk-based lending and asset-based lending. Banks should continue to be encouraged to build capacity for risk assessment to do more risk-based lending. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2017/283 Full text available on IMF http://elibrary.imf.org/view/journals/002/2017/283/002.2017.issue-283-en.xml IMF e-Library