Net lending by big-4 Chinese banks almost zero
By Lilith Hu |
May 17, 2012, Thursday
|
Print Edition
Print Edition
COMBINED net lending for China's four biggest banks was almost zero in the first two weeks of May, while deposits fell by about 200 billion yuan (US$31.6 billion), Shanghai Securities News reported yesterday.
Two of the big four lenders saw outstanding loans rise slightly in the two weeks ended Sunday, while the other two posted a drop in such value as repayments exceeded new credit, the newspaper said.
The big-four banks - the Industrial and Commercial Bank of China, China Construction Bank, the Agricultural Bank of China and the Bank of China - suffered a drop in deposits of about 200 billion yuan in the period, the newspaper said.
Two of the big four lenders saw outstanding loans rise slightly in the two weeks ended Sunday, while the other two posted a drop in such value as repayments exceeded new credit, the newspaper said.
The big-four banks - the Industrial and Commercial Bank of China, China Construction Bank, the Agricultural Bank of China and the Bank of China - suffered a drop in deposits of about 200 billion yuan in the period, the newspaper said.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
