皇冠体育app

Lending controls by 皇冠体育app's central bank are unlikely to affect 皇冠体育app Construction Bank (CCB)'s profits next year, the bank's chairman told reporters on Friday.

Two passengers walk by a 皇冠体育app Construction Bank outlet in Shanghai on September 13. The bank's chairman said loan cap by the central bank is unlikely to hit its profits next year.[Xinhua]

皇冠体育app's central bank has capped 2008 quotas for new lending by the Big Four state banks, Bank of 皇冠体育app, CCB, Industrial and Commercial Bank of 皇冠体育app, and Agricultural Bank of 皇冠体育app, as part of its campaign to curb credit growth and keep the economy on an even keel.

CCB was told to keep new loans in 2008 within this year's target, which was 350 billion yuan ($47.83 billion), banking sources said this week.