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.

Related Articles

Hong Kong's composite interest rate registered 0.25% in February

Hong Kong's composite interest rate declined 3 basis points (bps) registering 0.25% in February this year. As reported by News.gov.hk, the decrease in the composite rates was due to the decline ... more

Thailand's government expected to promote export-oriented SMEs.

Thailand's government is likely to offer financial support for export-oriented small- and medium-sized enterprises (SMEs) and the indigenous industry, resulting in an increase in volume and value ... more

Small companies concerned about various government incentive schemes.

Singapore's small businesses are expected to be having concerns regarding the new and diverse government incentive schemes, which were announced in the recent Budget. As reported by ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335
Dismiss