(AFX UK Focus) 2009-02-22 04:23 China new bank loans seen at 300-400 bln yuan in Feb (Interactive Investor)
February 21, 2009 by admin · Leave a Comment
BEIJING, Feb 22 (Reuters) – New lending by Chinese banks is likely to fall back to 300-400 billion yuan ($43.9 billion-$58.5 billion) this month after hitting a record 1.6 trillion yuan last month, Xinhua quoted a Central Bank official as saying on Sunday. Speaking on Feb. 19, Zhang Jianhua, head of the research department at People’s Bank of China, said new lending had reached 150 billion yuan …
