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2nd LD-Writethru: China's new yuan loans see steady growth in 2020
China's new yuan loans saw steady growth in 2020 as the country continued to keep liquidity at a reasonable and ample level amid efforts to bolster economic recovery.
ADB approves 500-mln-USD loan to expand financial inclusion in Indonesia
The Asian Development Bank (ADB) said on Wednesday that it has approved 500 million U.S. dollars in policy-based loans to support Indonesia's efforts to expand the financial access for micro, small, and medium-sized enterprises and marginalized groups such as women and youth.
ADB approves loan for modernization of eastern Uzbekistan railway links
The Asian Development Bank (ADB) has approved a 121-million-US-dollar loan to Uzbekistan to complete the modernization of the railway network in its eastern regions, the ADB said Wednesday.
China's new yuan loans rise in October
China's new yuan-denominated loans hit 689.8 billion yuan (about 104.4 billion U.S. dollars) in October, a year-on-year increase of 28.5 billion yuan, data from the central bank showed Wednesday.
China sees higher aggregate financing to real economy at end-September
The outstanding aggregate financing to the real economy (AFRE) reached 280.07 trillion yuan (about 41.54 trillion U.S. dollars) at the end of September, up 13.5 percent year on year, according to the People's Bank of China.
Wolrd Bank approves 750 mln USD loan to boost transport, digital connectivity in Kenya
The World Bank said on Wednesday it has approved an 81.3 billion shilling (about 750 million U.S. dollars) loan to help improve the movement of people and goods, digital connectivity and access to social services for over 3.2 million people in northeastern Kenya.
China's loan prime rates unchanged
China's one-year loan prime rate (LPR), a market-based benchmark lending rate, came in at 3.85 percent Thursday, remaining unchanged from the previous month.
China's new yuan loans hit 992.7 bln yuan in July
China's new yuan-denominated loans hit 992.7 billion yuan (about 142.4 billion U.S. dollars) in July, down 63.1 billion yuan compared with the same month of last year, data from the central bank showed Tuesday.
China micro-credit firms' outstanding loans at 884.1 bln yuan
Outstanding loans extended by China's micro-credit companies stood at 884.1 billion yuan (about 126.4 billion U.S. dollars) by the end of June, according to central bank data.
China's new yuan loans on the rise
China's new yuan-denominated loans expanded to 12.09 trillion yuan (about 1.73 trillion US dollars) in the first half of 2020, up 2.42 trillion yuan year on year, data showed on Friday.
China's manufacturing sector sees surging new loans
China's manufacturing sector saw a surge in new loans in the first five months of this year as the country strengthened financial support amid the COVID-19 epidemic, official data showed.
Industrial Bank issues special financial bonds for small business loans
The Industrial Bank issued 30 billion yuan (about 4.23 billion U.S. dollars) in special financial bonds for small business loans on Wednesday, aiming to help these firms resume work and production.
More Chinese small firms to get loans with taxpaying records
More Chinese cash-starved small and micro-businesses have easier access to credit support thanks to the information sharing system between banks and tax departments, officials said Wednesday.
12 banks in central China's Hubei provide 34 bln yuan credit support for major enterprises
12 banks in central China's Hubei Province have provided a total of 34 billion yuan worth of credit support for 802 major enterprises, said the Hubei headquarters for the control and treatment of the pneumonia caused by the novel coronavirus (COVID-19) on Saturday.
Economic Watch: China's central bank further cuts rate for medium-term loans
China's central bank on Wednesday further lowered the interest rate of its medium-term lending facility (MLF) loans by 20 basis points amid a slew of monetary policy maneuvers to mitigate impact of COVID-19 on the world's second largest economy.
China's central bank further cuts rate for medium-term loans
China's central bank on Wednesday further lowered the interest rate of its medium-term lending facility (MLF) loans by 20 basis points amid a slew of monetary policy maneuvres to mitigate impact of COVID-19 on the world's second largest economy.
Over 350,000 firms get loans at preferential rates: central bank
More than 350,000 companies in China had obtained loans at preferential rates by late March as the country stepped up targeted financial support for businesses hit by COVID-19.
Balance of loans up 4.4 pct in Shanghai by February
The balance of loans in Shanghai stood at 7.9 trillion yuan (about 1.13 trillion U.S. dollars) at the end of February, up 4.4 percent year on year, official data showed.
China Everbright Bank issues over 27-bln-yuan in loans supporting medical care, necessity supplies
China Everbright Bank (CEB), a joint-stock lender, has enhanced its credit support for the enterprises in sectors safeguarding medical care, public health and daily necessity supplies since the beginning of this year.
ADB to grant 130-mln-yuan loan to China's pharmaceutical firm
The Asian Development Bank (ADB) said Tuesday that it will grant a loan of 130 million yuan (about 18.6 million U.S. dollars) to a Chinese pharmaceutical firm to help contain the novel coronavirus outbreak.
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