Banks raise consumer loan rates to at least 3% Top lenders have warned of growing personal bad loans Higher rates could deter China's consumption push, analysts warn BEIJING, April 1 (Reuters ...
BEIJING (Reuters) - China's new yuan loans are expected to have sharply decreased in February from an all-time high in January, a Reuters poll showed on Friday, due to muted credit demand after ...
(Bloomberg) -- China’s big banks are accelerating a drive to write off soured property loans to clean up their balance sheets as they heed calls by policymakers to back the world’s second ...
BEIJING, March 24 (Reuters) - China's central bank said it will change the way it sells its medium-term loans, a move that market participants say may further erode the significance of role of ...
Investing.com-- The People’s Bank of China left its benchmark loan prime rate unchanged on Thursday, in line with market expectations as Beijing looks to dole out more fiscal measures ...
Lenders including China Merchants Bank Co. and Bank of Jiangsu Co., which previously engaged in a price war by offering consumer loan rates as low as 2.58% annually, have now adjusted their rates ...
China's one-year loan prime rate (LPR), a market-based benchmark lending rate, came in at 3.1 percent Thursday, unchanged from the previous month. The over-five-year LPR, on which many lenders ...
In a significant development, China has once again extended the deadline for the $2 billion loan owed by Pakistan by another year. The debt was originally set to mature on March 24. Ministry of ...
Investing.com-- The People’s Bank of China left its benchmark loan prime rate unchanged on Thursday, in line with market expectations as Beijing looks to dole out more fiscal measures, instead of ...
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