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52 new-type rural financial bodies open in W 皇冠体育app
2009-Dec-1 15:44:09

皇冠体育app opened 52 new-type rural financial institutions in western areas by the end of June, accounting for 44 percent of the total that newly opened nationwide in the first half year.

The 皇冠体育app Banking Regulatory Commission (CBRC), 皇冠体育app's banking regulator, announced at a press conference in Beijing聽Monday.

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The 52 institutions include 41 rural banks,聽three lending firms and聽eight rural funds cooperative agencies, according to the CBRC.

The loan balance in the western areas totaled 6.58 trillion yuan ($964 billion) by the end of June, while the total deposit balance at the same period was 9.45 trillion yuan.

The commission said that it will step up effort to encourage lenders to open rural financial institutions in the west to enhance credit support in the areas.

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