Economy
Financial Markets
Commodities
Industries
Energy
Real Estate
Local listed Company
Overseas-listed Company
Foreign Company
Industrial Parks


 
Financial Market
 Search News  Or
China Big 4 banks' new loans up RMB 20 bln in Jan-Feb

Mar. 5, 2012 (China Knowledge) - China's Big Four banks saw new RMB loans they extended in January and February increased by RMB 20 billion from a year earlier, said Yang Kaisheng, president of Industrial and Commercial Bank of China, or ICBC<601398><1398>, one of the Big Four banks.

The other three lenders consist of Bank of China<601988><3988>, the nation's third-largest lender, China Construction Bank Corp<601939><0939> and Agricultural Bank of China Ltd<601288><1288>.

Yang noted ICBC extended RMB 165.5 billion worth of RMB loans in the first two moths of 2012, RMB 15 billion more than in the same period of last year, adding that the lender's non-performing loan ratio has been reduced from 1.05% last year to current 0.91%.

Chinese financial institutes added RMB 738.1 billion RMB loans in January, much less than a previous forecast of RMB 1 trillion, sources reported without disclosing the new loan amount in February.






Add this     
Copyright © "2015" www.chinaknowledge.com

Send feedback or comments to: news@chinaknowledge.com

For more news, financial weekly reports, business guides to China, Market Research Reports and other premium information, subscribe to China Knowledge today

To access our page on Bloomberg, type CKFI (GO)

 Our Professional Services

 E-Store

 News Archive
About Us | CSR | Media Center | E-Newsletter | E-Store | Contact Us | Feedback | Sitemap | Privacy Policy | Terms of Use  

           Copyright © 2014 China Knowledge Online. All Rights Reserved