Caixin OnlineFinance & EconomicsTop Stories Finance Bank Regulator's Loan Rules Appear Bendable
08.15.2011 18:10

Bank Regulator's Loan Rules Appear Bendable

Banks might be extending loans to local governments after all, despite what looked like a regulatory clampdown
By staff reporter Wen Xiu

Chinese bank stocks have taken a major hit this summer, with some prices scraping one-year lows, casting a cloud over investor confidence in the sector.

The jitters intensified after the Chinese Banking Regulatory Commission (CBRC) recently repeated an earlier ruling that maturing bank loans to local government financing platforms  could not be renewed or extended.

We hope you have enjoyed your free articles for the month
REGISTER to get 5 more free articles, or SUBSCRIBE to get full access to Caixin
Already a subscriber? Log in now
COMMENTS (0)
Sign up to receive our free daily newsletter

LATEST VIDEOS

Latest Issue
On the Cover:

Kingdom Collaboration

An interview with the CEO of the Saudi kingdom’s oil giant points to closer ties between China and its largest crude supplier


Issue 89
May , 2015

POPULAR GALLERIES

SUBSCRIPTIONS

Caixin-China
Economics & Finance
Latest Issue:
Kingdom Collaboration
An interview with the CEO of the Saudi kingdom’s oil giant points to closer ties between China and its largest crude supplier
Issue 89
05.01.2015

Subscribe       |       Newsletter        |        FAQ