New loans worth CNY 560bn extended in June.

By bne IntelliNews July 8, 2010
Chinese banks extended loans worth CNY 560bn (USD 82.6bn) in June and CNY 4.58trn in H1/2010. As reported by Dow Jones Chinese Financial Wire, the loan figure in the first half of this year contrasted with CNY 7.4trn in the same period last year with the government requiring banks to slow credit growth amid fears about the formation of asset bubbles.

New loans worth CNY 560bn extended in June.

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