The G7 finance ministers' meeting is overshadowed by banking crisis concerns.

Against the backdrop of concerns of a bank-led global financial crisis, the Group of Seven finance ministers and central bank governors meeting, which begins on Thursday, is anticipated to concentrate on strengthening the financial system.

Ahead of next week's G7 leaders’ summit in Hiroshima, the gathering in Niigata will also discuss regulation of crypto currencies and supply chain resilience, among other topics.