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  • China's demand for loans grows in Q1: report

    China's overall loan demand index hit 77.5 percent in the first quarter of the year (Q1), up 5.9 percentage points from the fourth quarter of 2020 (Q4), a report by the People's Bank of China (PBOC) showed.

    March29,2021


  • China acts to prevent business loans flowing into property market

    Chinese authorities moved Friday to tighten the regulation of business loans to prevent them from illegally flowing into the property market.

    March29,2021


  • China's policy bank issues loans for spring plowing

    The Agricultural Development Bank of China (ADBC), a rural policy bank, has issued loans worth 36.6 billion yuan (about 5.6 billion U.S. dollars) for the upcoming spring plowing.

    March26,2021


  • Agricultural Bank of China to issue RMB270bln in loans to aid spring farming in 2021

    The Agricultural Bank of China (ABC), one of the country's largest commercial lenders, is to provide over 270 billion yuan in loans to aid spring farming and preparation in 2021, with the newly-added loans issued to farming households over 110 billion yuan, reported the Xinhua-run cnstock.com last Saturday.

    February22,2021


  • Balance of loans in Shanghai rises in November

    The balance of loans in Shanghai stood at 8.39 trillion yuan (about 1.28 trillion U.S. dollars) at the end of November, up 6 percent year on year.

    December21,2020


  • Domestic, foreign currency loans rise in Yangtze River Delta in July

    The balance of domestic and foreign currency loans in the Yangtze River Delta region stood at 42.02 trillion yuan (about 6.14 trillion U.S. dollars) at the end of July, up 14.9 percent year-on-year, official data showed.

    September14,2020


  • Risks on loans to China's small firms under control: regulator

    The risks on loans to China's small and micro enterprises are generally controllable despite potential rise in bad loans involving them next year, China's banking regulator said Tuesday.

    August26,2020


  • C.China's Hubei issues RMB99.9bln loans with preferential rates to boost post-COVID-19 recovery

    The financial institutions in central China's Hubei Province have issued a total of 99.9 billion yuan worth of bailout loans with preferential interest rates to 95,000 enterprises in the province so far this year, according to a local work conference held on Sunday.

    August10,2020


  • Xinjiang sees surging new loans in H1

    Northwest China's Xinjiang Uygur Autonomous Region saw a total of 136.84 billion yuan (about 19.54 billion U.S. dollars) in new loans in the first half of this year (H1), up 67.27 billion yuan year on year, which is the highest growth in the past decade, official data shows.

    July28,2020


  • China establishes long-term guaranttee for financing in market-oriented grain purchase

    A total of16 provinces nationwide in China(including 13 major grain-producing provinces) have established grain purchase loan credit guarantee funds, with a total fund scale of 7.5 billion yuan, statistics from National Food and Strategic Reserves Administration showed.

    July10,2020


  • China's demand for loans increases in Q2: central bank

    China saw stronger overall demand for loans in the second quarter of this year as economic activities remain on the track to recovery, a central bank survey showed.

    July06,2020


  • E China Jiangxi rolls out cultural enterprise loans to boost high-quality dev. of cultural industry

    Jiangxi Province in East China has rolled out cultural enterprise loans to help small- and medium-sized cultural firms solve financing problems and boost the high-quality development of its cultural industry, reported Jiangxi Daily Wednesday quoting the province's publicity department.

    May13,2020


  • China tightens regulation of business loans collateralized with property

    China's banking regulator has taken measures to check on business loans collateralized with real estate to prevent such loans from flowing into the property market, according to an official with the China Banking and Insurance Regulatory Commission (CBIRC).

    April23,2020


  • China's bad loan risk under control: regulator

    China's non-performing loans in the banking industry have increased due to impacts from the novel coronavirus disease (COVID-19), but the risks are under control, the country's banking regulator said Tuesday.

    March18,2020


  • 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.

    February26,2020


  • Shanghai financial institutions help enterprises resume operation

    Financial institutions in Shanghai have taken several measures to promote production resumption of enterprises amid the novel coronavirus epidemic, local authorities said Thursday.

    February21,2020


  • China's biggest lender issues 43 bln yuan of loans amid epidemic

    The Industrial and Commercial Bank of China, the country's biggest lender, said Tuesday that it has issued over 43 billion yuan (about 6.14 billion U.S. dollars) of loans to fight the novel coronavirus outbreak and help companies restore production since Jan. 24.

    February12,2020


  • Balance of loans up 9 pct in Shanghai at the end of 2019

    The balance of local and foreign loans in Shanghai stood at 7.98 trillion yuan (about 1.14 trillion U.S. dollars) at the end of 2019, up 9 percent year on year, official data showed.

    February10,2020


  • China reports growth in loans to small, micro firms

    China saw an increase in the outstanding sum of loans to small and micro companies in the first three quarters of this year thanks to the government's support for inclusive finance.

    November21,2019


  • China's central bank cuts rate on reverse repo by 5 basis points to facilitate loans

    China's central bank Monday launched a seven-day reverse repo and cut its rate by 5 basis points to 2.5 percent, in order to cut fund-raising costs for enterprises.

    November19,2019


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