Zhou Xiaochuan says Chinese banking lending is stable

Source: Internet
Author: User
Keywords Loans credit China banking China
Tags bank of china banking credit it is media media reports set the new
On the afternoon of February 9, Zhou Xiaochuan, governor of the People's Bank of China, said in Tuesday that Chinese banking lending was stable. Mr. Zhou made the remarks at a seminar in Sydney attended by the RBA. It is reported that the CBRC had explicitly asked banks to lend a balanced quarterly, strict controls non-performing loans rebound.  CCB first disclosed this year that the new loan limit was set at RMB 750 billion and set new lending quotas for each quarter to meet regulatory demands for balanced loan growth. Previous media reports, late last year, the CBRC, through window guidance and other methods, put forward a "proposal" for the total lending of banks this year: ICBC's new loan limit is about 850 billion yuan this year, the highest in all the major lines, and the Bank of China, which has been surging in credit markets last year, The provision does not allow more than 600 billion yuan.  In terms of the pace of lending, regulators demanded that "the season is not broken by three, not broken by four", the year four quarterly in accordance with the "3:3:3:1" ratio of the issue, and each month's lending limit should not exceed the quarter of 40%. As of January 28, the number of new credit in China's banking sector was less than 1.1 trillion trillion, below the 1.62 trillion level last year. Some analysts pointed out that only 28 days in February, combined with the spring Festival and Regulatory Sector window guidance and other factors, February total credit than January will have a certain degree of decline. (Snow ting from Beijing)
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