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January-November RMB loans increased 9.21 trillion year-on-year increase 5.06 trillion

The People's Bank of China released the November 2009 Financial Statistics report, data show that 1-November RMB loans increased by 9.21 trillion yuan, more than 5.06 trillion yuan year-on-year.  RMB loans increased 294.8 billion yuan each month. The money supply grew by 29.74% per cent. At the end of November 2009, the Broad Money supply (M2) balance was 59.46 trillion yuan, an increase of 29.74% per cent over a year earlier, and a 11.92% higher than the end of last month, at 0.23%. Narrow money Supply (M1) balance is 212,500 ...

Banks to tighten two of mortgages

News that commercial banks are tightening their mortgages has been on the show lately.  Reporter yesterday from a number of commercial banks in Shanghai to understand that by mid-January this year, although the two-suite loan down payment requirements of 40%, but in fact many banks can still through the "improvement of housing" and "personal unit" and other means to circumvent the restrictions, and in the middle of January, the Shanghai commercial banks to play "edge" approach has been completely halted. ⊙ reporter Yu Bingbing Li Hayu 0 Edition Heng Road celebrates two sets of loans overall tightening reporter yesterday learned from the Bank of Communications Shanghai Branch, and so on, the current bank mortgage business has entered strict austerity ...

Consensus forecast: February trade surplus narrowed to $4.7 billion trillion

by Bao Zhe March 7, "The Vision Cup China macroeconomic February consensus", issued by the Securities Market weekly by Sina Finance Exclusive network, shows that the average value of the trade surplus in February is around 4.7 billion US dollars.  The survey found that the February trade surplus was the highest value of 20 billion U.S. dollars, the lowest value of 5 billion U.S. dollars (trade deficit of 5 billion U.S. dollars), the expected median value of 4.7 billion U.S. dollars. 601988.sh/3988.hk She Yuedong, a macro analyst at Bank of China, said in a telephone interview that export growth is expected to recover gradually in the first half of the year ...

ICBC to halt third mortgage

Xinhua News reporter yesterday from HSBC and ICBC Guangzhou Branch learned that the two banks have received their respective headquarters of the implementation of the rules, the suspension of family-unit third suite and above loans.  So far, Guangzhou publicly declared the third set of loans to the banking institutions have reached seven.  BOC recently announced the introduction of real estate credit management measures, in principle, suspended the issuance of third and above housing loans, and the stock of the first set, two sets, three sets and above the rate of floating loans to the benchmark rate of 0.85 times times, 1.1 times times and 1.2 times times respectively. Application in Process ...

BOC cancels mortgage 70 percent interest rate 89 basis point

Bank of China loans to cancel the 70 percent interest rate of the first set of mortgage recovery 85 percent, equivalent to "be raised rate" 89 basis points, suspended three-room loan April 23, the Chinese bank announced the strict implementation of dynamic, differentiated personal housing loan policy.  According to the contract with the customer, when the interest rate adjustment method expires, the first set of stock, two sets, three sets and above the floating rate of mortgage interest rates adjusted to the benchmark rate of 0.85 times times, 1.1 times times and 1.2 times times respectively. The recovery of 85 percent Bank of housing loans, said, will actively support residents to buy the building area of 90 square meters under the first set of their own live ...

East Letter Peace shortlisted Bank of China financial card supplier

eastcom Peace (002017) February 22 Evening announcement, the company was identified as the Bank of China Limited magnetic stripe card, chip card blank card production and personalized services shortlisted supplier selection Project suppliers, valid for 2 years.

ICBC's January new loan cut by half bank to report credit daily

Xinhua Beijing, February 4, according to Hong Kong, "Wen Wei Po" reported that after ICBC announced January new loans of about 110 billion yuan, the construction Bank, BOC, Agricultural Bank, Citic Bank in January, the new loans were 102 billion yuan, 150 billion yuan, 115 billion yuan, not more than 30 billion yuan. Market analysis, in the Credit Regulator "window Guide", in late January, many commercial banks "first expansion, after contraction", so the new loans than expected size smaller. Bank of China and Bank of communications, as well as a number of small and medium-sized banks also implemented a differential deposit reserve ratio, earlier rumors ICBC and Citic Bank ...

The CBRC said it never directly controlled the limit of credit lines.

Xinhua Beijing, January 18, the recent official control of the mainland bank credit line rumors continue, China's Banking Regulatory Commission 18th night said that the pace of credit and quality of the "bottom line" is the capital adequacy ratio and other prudential regulatory indicators, commercial banks of the credit plan by its board of directors.  18th Media said the CBRC has made large state-owned bank of new credit line this year, which released more than a trillion yuan in new loans last year, the Bank of China was asked to slash credit growth, the new limit of more than 650 billion yuan, there is a view that officials are starting window guidance. The night of the CBRC ...

Chen Jing: The important role of credit in the Internet financial attached school

December 12, the world's first large-scale conference to explore the industry Internet, 2014 CVW. The industry Internet conference was held in Beijing and was synchronized through the big screen of New York Times Square. The conference was made by the Asia Letter Group, the cloud base and the Chuang-Zhuang economic and Technological Development zone jointly hosted more than 5,000 global it and traditional industry leaders and elites who are concerned about the development of Internet and traditional industries, and explored the evolution of "Internet access to traditional industries", "traditional industry internet" and the technological model and business innovation of industrial Internet. In the afternoon of the Financial @ internet forum, China Internet Association ...

Maradona said in a statement that he had not signed an endorsement agreement with nine city companies.

Absrtact: Maradona said in a statement that he did not and nine city companies signed endorsement agreement, also did not charge endorsement fees. Zhu: 250,000 US dollar endorsement fee has the account can check the transaction intermediary: The money has given the old horse the year Mancuso the TA last April, the nine city company announced Mamaradona in the statement said that he did not have signed the endorsement agreement with the nine City company, also did not charge the endorsement fee. Zhu: 250,000 dollar endorsement fee has the account can check the transaction intermediary: The money gave the old Ma Ta Mancuso last April, nine city company announced Maradona as the network game "Blood Ball" ...

"Billion shopping" to the end of the bankruptcy Declaration

Billion in the early days of shopping because of the bundle of bank credit card model is known as "China's best business model", but with the large shareholder of the Gobi investment in a paper stop business documents, billion model to bankrupt the outcome of the end of the declaration. More than 20 banks have been dragged into the business. Since the million hundred shopping bankruptcy, and its cooperation with the banks have been questioned by users, today, involving the amount of money and consumers more banks, including Agricultural Bank, CMB, BOC and so on. Financial Weekly Reporter in the ongoing follow-up survey learned that recently a number of customers did not receive the goods received the phone call, said that has not yet ...

Department of P2P bank wind and water

Legal Evening News (Reporter Liu Jingyi) P2P seems to be entering the "fight father" era. From Ping An Bank Lu Jin, China Merchants Bank's small business E home "e + stable financing project", and then to Minsheng e-commerce P2P platform Minsheng easy to loan, the Department of the Bank of P2P wind and water. Reporters found that bank-based P2P is expected to benefit less than 10% of annualized earnings, and the entire industry a far cry from the average. P2P Department of Bank of China has become popular in domestic banking industry have joined the P2P platform layout. Recently, Minsheng Electric formally involved in the field of peer-to-peer lending, its P ...

The commercial development of electric business needs good policy and legal environment

Since the birth of China's first professional E-commerce Web site Chinese chemical Network. China's e-commerce industry has been greatly developed. Recently, China has included Alibaba, focus on science and technology, Network Sheng Business PO, HC network, including many business-to-business E-commerce listed companies, as well as Taobao, ebay, Tencent Pat Net, Baidu Consumer-to-consumer Company, as well as the outstanding Amazon, Jingdong Mall, Dangdang, new eggs china, VANCL, red children, Walk Xiu Net, Lok Amoy NET, only goods will, fashion uprising, Massamasso, wheat bag, clothes net, Diamond Bird, Le You, wheat net, Davigny ...

Study abroad, family financial planning strategy

In the heat of the summer, another year of studying abroad has come to an upsurge. Many students preparing to study abroad also enter the tense preparatory stage. Experts reminded that as well as applying for schools and visas, financial services abroad are also important. Especially for students and parents who plan to study abroad, financial services are more necessary. Generally speaking, financial services abroad are divided into two major steps by applying for visas as a time node. ⊙ reporter King Before the visa application to complete the deposit certificate or study abroad loan tip one: The deposit proof should be more should not be less in the process of processing a study visa,...

China's June foreign exchange reserve surplus of more than 2.1 trillion U.S. dollars

Rapid growth of the banking system in the first half of 2009, the People's Bank of China in accordance with the Central Committee, the unified deployment of the State Council, the implementation of moderately loose monetary policy, increase financial support for economic growth, rapid growth of money and credit, the banking system liquidity is abundant. I. Money supply growth 28.46% in the end of June 2009, the Broad Money supply (M2) balance was 56.89 trillion yuan, an increase of 28.46% per cent over a year earlier, a 10.64% higher than the end of last month, and a narrow money supply (...).

November China new RMB loan 294.8 billion yuan

Xinhua Beijing, December 11 (Xinhua Jiang Rui Yiu Junfang) The People's Bank of China released data on 11th, the November Chinese new renminbi loan 294.8 billion yuan, compared to October 253 billion yuan annual minimum value rebounded slightly.  At this point, the first 11 months of China's new renminbi loans to a total of 9.21 trillion yuan, more than 5.06 trillion yuan. The central bank's data show that households ' loans increased by 237.7 billion yuan in November, including a 36.5 billion yuan increase in short-term loans and an increase of 201.2 billion yuan in medium-and long-term loans. Non-financial companies and other sectors of the loan increase of 57 billion ...

Property tax may be collected by area first house not taxed

Wang Zhaozai, deputy director of the Finance and Research Institute of the Treasury, recently disclosed that the tax department has basically determined the idea of taxing in accordance with the area, that is to say, give a minimum base point, within the basis of exemption, at the beginning of the levy. But how much is the base point? He said: "The argument is very big, deadlocked." "To verify this statement is the Agricultural Bank of China senior economist He Zhicheng, he said, the current general administration of taxation research preliminary opinion is that the first house does not levy property tax." He Zhicheng further revealed that the property tax will take a gradual approach to gradually expand, initially first in the commercial scope of the start ...

Bank of China takes the lead in raising interest rates on mortgage loans bridges

Experts point to the bank's rise in the interest rate on mortgage loans is that other banks may follow the lead of BOC to raise the rate of mortgage loans, how many BOC customers will be affected? Reporters yesterday after the investigation found that with the bank agreed to "interest rate concessions" customers, will be the first to become the bank of this wheel moving knife object. The proportion of these customers may not be as broad as previously expected, especially in the Guangzhou market, where "most customers do not have a period of interest rate concessions with BOC". But the impact of the bank's move, experts say, is that "other banks may follow suit". As of the reporter yesterday ...

Bank of China to raise interest rate on stock house loan

In principle, suspend the issuance of the third and above housing loan industry insiders believe that may trigger the speculators to sell the property Bank of China 23rd announced the real estate credit management measures, BOC will be in accordance with the contract agreement, in the interest rate adjustment method expires, will stock the first set, two sets, The floating rate of three sets and above is adjusted to 0.85 times times, 1.1 times times and 1.2 times times of the benchmark rate respectively.  In this respect, the industry said, the bank's first increase in mortgage interest rates, mortgage buyers will increase interest payments, it is likely to trigger speculative and investment property buyers sell their hands. ...

Public market signal is obvious when reserve ratio rises

Is buying back the 200 billion-central rate jump 8 base point boots Landing. On the evening of January 12, the People's Bank of China announced that it would raise the reserve requirement ratio of deposit-taking financial institutions by 0.5% by January 18.  This is the first time the central bank has raised reserve ratios in 16 months. In fact, the central bank has hinted at a strong tightening signal to the market in its open market operation. 12th issued 20 billion yuan 1-year central vote yield of 1.8434%, rose 8.29 basis points, to break the August 11, 2009 held steady in 1.7605% situation ...

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