Japan's unprotected deposits hit $890bn as inheritances inflate accounts

Finance Japan's unprotected deposits hit $890bn as inheritances inflate accounts Deposit insurance ceiling was last raised in 1986 Inheritances have increased the number of bank accounts with large balances.(Photo by Akira Kodaka) MASAHIRO KURABAYASHI November 7, 2026 11:46 JST TOKYO -- Japanese household savings that are not protected by deposit insurance have surged 40% over the past five years to more than 140 trillion yen ($887 billion) as bank accounts with large balances increase. Read Next Finance Japan banks prepared to weather AI crash, global rate spike: BOJ stress test Bank of Japan BOJ chief Ueda says 2% inflation goal not yet sustainably achieved Finance Japan Post Bank weighs buying 20% stake in Matsui Securities Finance New MUFG digital bank to forgo ATM cards in cybercrime safeguard Cybersecurity Japan regional banks form united front on cybersecurity Finance Japan banks, fintech step up digital currency push for trade settlements Latest on Finance Finance Credit Saison, ADB to partner on loans for Asia's small businesses Finance Singapore banks struggle with bond yield and interest rate tensions Finance DBS chief warns of 'choppy' equity markets after US midterms Sponsored Content About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.