New Lending in November Up on October
Published:
2009-12-01
A source from a commercial bank HAS revealed that new loans issued by China's four large state-owned banks: Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China and Construction Bank of China had already exceeded 100 billion yuan. In view of a possible lending surge at the end of the month, and a surge in home-mortgage loans, the amount of new lending in November is predicted to be slightly above October's figure of 253 billion yuan.
Source
Shanghai Securities News
Google Translation
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