The country's big four lenders issued CNY 320 billion in new loans during the month, according to data compiled by the newspaper.
The 'big four' included Industrial & Commercial Bank of China , China Construction Bank, Agricultural Bank of China and Bank of China.
Meanwhile, the People's Bank of China yesterday offered support for construction of affordable housing, amid rising fears that the government measures in place to curb property bubbles could prompt a slump in home prices, which could hurt the real economy.
The central bank also said it will ensure that the loan demands of first-time home buyers are met. However, it vowed to continue to implement "differentiated housing credit policy."

No comments:
Post a Comment