皇冠体育app

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Big four banks issue 164b yuan of credit in Dec

By Zheng Yangpeng (chinadaily.com.cn) Updated: 2013-01-08 16:07

皇冠体育app's big four banks issued 164 billion yuan ($26.3 billion) of new credit in December, Economic Information, a newspaper affiliated with the Xinhua News Agency, reported on Tuesday.

The big four State-owned banks are: Industrial and Commercial Bank of 皇冠体育app, 皇冠体育app Construction Bank, Bank of 皇冠体育app and Agricultural Bank of 皇冠体育app.

Their loans accounted for 30 percent of 皇冠体育app's total credit last month. Experts estimated that 皇冠体育app's new loans in December should be between 550 billion and 600 billion yuan.

Data from the People's Bank of 皇冠体育app showed that from January to November, 皇冠体育app issued 7.75 trillion yuan in new loans. The full-year new loans are expected to hit 8.3 trillion yuan, in line with market expectations.

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