China Central Bank Requires Large Banks To Increase Lending Quotas In August
Some major Chinese banks have enhanced lending by the end of August and reducing the condition of property loans after being advised by the Central Bank to increase lending quotas in the month, according to sources Share with Reuters on Tuesday (August 31) .0: 00/0: 59 South Department of the People's Bank of China (PBOC), Central Bank, was taken in Beijing, China. (Photo: Reuters) Accordingly, guidance from the Chinese People's Bank (PBOC) given after China's new loans in July increased at the slowest rate since October last year and when The country's economy faces the growing pressure. PBOC Yi Gang governed a meeting with banks last week that it will promote liquidity for the real economy and enhance stability Dinh's credit growth. "We have enhanced lending in the past few days, a small part of them are outstanding asset loans," a person said
