Main Bank System Reform in Japan: The Terminal or Coexistence with Other Systems

The main bank system in Japan has undergone remarkable reformation since the 1980^th. Through analysing its reform realisation, functional range and performance, it has been derived that the main bank system neither comes to its termination nor does it simply evolve into the ´creditor ex post monitoring´ mode like that in the Western countries, but follow an integrated way to transition. The main bank system and the creditor governance mode coexist in one economy and form a complementary binary structure, which will definitely function for a long term.