Mr Liu: there is no need to stop the mainland banks from adding new loans carefully

Source: Internet
Author: User
Keywords Bank loan China China headquarters
Tags banking credit data demand no need stop
Data: China Banking Regulatory Commission chairman Liu Hong-Trippenson Beijing, January 20 (Xinhua) China Banking Regulatory Commission chairman Liu said in Hong Kong today that the CBRC did not stop banks from adding new loans, but should be careful to regulate them.  In addition, he said, early this year, the rapid growth of mainland loans, mainly due to the excessive accumulation of loan growth last year, but as effective demand is met, the trend will soon ease.  Earlier, the China Securities Daily reported that a number of banks were notified to stop new credit for the remainder of January. reported that Beijing, Shanghai, a variety of sources revealed that the major commercial banks 19th have received oral notice from the competent authorities, to complete the remainder of January, the remaining time to add credit, including paper financing. According to other sources, 18th, the Bank of China at all levels of branches have received the head Office documents, request to stop operating all bills business, and when the resumption will be waiting for the headquarters notice.
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