The CBRC said it never directly controls bank credit lines

January 18 Afternoon news, in response to the CBRC has made large state-owned bank of new credit line this year, and sharply reduced bank of credit increase rumors, the Banking Regulatory Commission today to Sina Finance, said: The CBRC never directly control the bank's credit line.　　The Bank of China, which released 1.1 trillion yuan of new loans last year, was asked to slash credit growth by a new limit of more than 650 billion yuan, according to news today.　　The CBRC said: The CBRC has consistently requested banks to grasp the credit line and the credit rhythm scientifically according to their capital level, and never directly control the bank's credit line. Since this year, there have been rumours that the CBRC has cut bank credit, and the CBRC will then issue a clarification notice. Some analysts told Sina finance that it would not rule out the rumors and arbitrage from investment banking institutions.