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 Issue
On the Cover:

Ammonia in the Haze

Farms and cars are contributing to rising levels of ammonia gas in the country, but the impact on air pollution is still hazy


Issue 82
October, 2014

POPULAR GALLERIES

SUBSCRIPTIONS

Caixin-China
Economics & Finance
Latest Issue:
Ammonia in the Haze
Farms and cars are contributing to rising levels of ammonia gas in the country, but the impact on air pollution is still hazy
Issue 82
10.01.2014

Subscribe       |       Newsletter        |        FAQ