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September 13, 2020China’s New Yuan Loans Set to Rise in Aug, Keep Economy on Recovery Path: Reuters Poll – China’s new bank loans are expected to have risen in August from the previous month, as the central bank sought to keep …
Chinese banks extended more new loans in August than the previous month, while broad credit growth quickened, pointing to continued policy support to help the economy recover from a …
Chinese banks extended 1.28 trillion yuan ($187.25 billion) in new yuan loans in August, up from July and slightly exceeding analysts’ expectations.
“The drop in rates led to a rebound in a refinancing activity, driven mainly by borrowers applying for conventional loans.” …
Domestic, foreign currency loans rise in Yangtze River Delta in July – The balance of domestic and foreign currency loans in the Yangtze River Delta region stood at 42.02 trillion yuan (about 6.14 trillion U.S. dollars) at the end of July, up 14.9 percent year-on-year, …
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The five largest Chinese banks posted at least 10% year-on-year fall in profits during the first half of 2020 as they set …
