"Many people have fallen prey to dubious products, or the so-called subprime loans. Compared with Japanese banks, European banks, so were not attracted to these products," Mr Aso told a seminar in Tokyo.
"Why not buy a Japanese bank manager, hardly the English, understand," he said.
This is the latest in a line eyebrow-raising is still a prime minister and deputy prime minister who serves as announcements from Mr. Aso.
But, politicians - who is known as a dapper dresser - he came to power in December after Shinzo Abe with their mouths held their feet to keep out the claims.
He initially wrong name when the prime minister, his pride was somewhat impressed.
"Aso newspaper also said that management has made in the past year and a half ... I do not have any gaffes, water management is the biggest problem gaffes of Taro Aso," he said.
The Government of Japan Industrial Production, April-May, the fourth straight monthly increase 2pc He rose Friday on encouraging economic news was a welcome dose His comments came as.
A nationwide consumer price index stopped falling for the first time in seven months. Data for six months after being in negative territory did not show any change from a year earlier.
Tokyo Core CPI for the June figures - often used as a predictor for the nation - 0.2pc roses.
For years, Japan has been surrounded by deflation, or falling prices, which can drag on economic growth, and the Bank of Japan within the next two years 2pc inflation target is set .
Prime Minister Abe, meanwhile, massive monetary easing, through public works projects and structural reforms since taking office six months ago, has worked on an ambitious economic recovery program - ". Abenomics" the "three arrows" Nature given
Junko Nishioka, an economist at RBS Securities Japan, that Japan's economy in the coming months which hopefully will continue to improve.
"The growth of domestic consumer demand, the industry is," he said. "This is a promising result of economic pressure."
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