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East Asia China: Loan amount cannot fall off next year

Source: Internet
Author: User
Keywords Bank loan Commercial Bank China East Asia China
Tags drop press project public public welfare set set up total
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Morning News reporter Liu Zhifei reported that Shanghai Soong Ching Ling Foundation-East Bank Public Welfare Fund was formally established. This is the first foreign-funded banks launched by the mainland to set up a public welfare fund, the initial raise amount has reached 9 million yuan. At a press briefing before the Fund's inaugural ceremony, Chan, vice chairman of East Asia and China's East Asian president, Guandachang said commercial bank lending has declined progressively since the three quarter of this year. Because most of the bank loans this year are engineering loans, and the project is sustainable, so next year, the volume of commercial bank loans will not suddenly drop a lot. Foreign bank loans in the first half of the total decline in the second half of the situation improved, has now returned to normal credit scale.

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