Japan Post Bank, The 77 Bank and Sendai Bank Lift Ordinary Deposit Rates to 0.3% in Early February

Overview

• Japan Post Bank will raise its ordinary-deposit rate to 0.3% from 0.2% effective February 9, 2026.
• The 77 Bank and Sendai Bank will increase ordinary-deposit rates to 0.3% from 0.2% starting February 2, 2026.
• All three banks attributed the changes to the Bank of Japan’s recent decision to raise policy rates.
• Japan Post Bank said time-deposit rates will also go up, with the timing and new levels to be announced later.
• This marks Japan Post Bank’s first ordinary-deposit rate increase since March 2025 and signals broader repricing of retail deposits across the sector.