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Mizuho Q3 Profits Surge 8.2% on Strong Lending Business

Pedestrians are reflected on Mizuho Bank's signboard in Tokyo

Japanese financial giant Mizuho has reported an impressive 8.2% increase in its third-quarter profits, fueled by robust lending operations. The results reflect the strong performance of the bank amidst an uncertain economic environment.

Mizuho's net profit for the third quarter of the fiscal year reached ¥161.9 billion ($1.479 billion), compared to ¥149.7 billion ($1.364 billion) during the same period last year. This rise in profits can be largely attributed to the bank's stable and growing lending business.

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