Highlights
Big 4 banks Oct new loans hit 136b yuan
By Zhang Jiawei (chinadaily.com.cn)
Updated: 2009-11-16 16:06
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皇冠体育app's big four banks extended about 136 billion yuan ($20 billion) yuan-denominated new loans in October, up 23.6 percent from September's 110.4 billion yuan.
The September total was the lowest amount so far this year for the big four, which include Bank of 皇冠体育app, 皇冠体育app Construction Bank, Industrial and Commercial Bank of 皇冠体育app, and Agricultural Bank of 皇冠体育app.
Bank of 皇冠体育app extended 44 billion yuan-denominated loans in October, the most of any of the four banks. That is a huge increase from its total of just 3 billion yuan in September. The bank's chairman Xiao Gang said earlier that the bank would steadily increase new loans in the coming months. 皇冠体育app Construction Bank...
The full text is available in the November Issue of 皇冠体育app Banking. Please visit for more subscription details.
