China's banking regulator has ordered banks to write off bad loans caused by the May 12 earthquake. The move was aimed at reducing the debt burden of the survivors. It was also targeted at helping relief... ...full story at Shanghai Daily
from Shanghai Daily on Sat, May 24 2008
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| 16 May 08 |
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Caravans of Relief for China Quake Victims »
YouTube video As relief workers, government officials and volunteers sift through the rubble searching for survivors, the death toll following Monday's 7.9 magnitude earthquake continues to climb.
Operation Blessing is on-the-scene in three of the hardest hit areas-... |
| 24 May 08 |
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China banks ordered to write off bad loans from quake » People's Daily China's banking regulator has ordered banks to write off timely bad loans caused by the devastating May 12 earthquake. The move was aimed at reducing debt burden of the survivors and helping the relief and reconstruction efforts in ... |
| 27 May 08 |
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Banks ordered to write off bad loans » People's Daily The banking regulator yesterday ordered domestic banks to write off bad loans caused by the devastating earthquake. The write-offs are to reduce the mortgage burden of survivors and help reconstruction efforts in Sichuan, the China Banki ... |
| 10 Dec 08 |
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China allows banks to conduct acquisition loans » People's Daily Commercial banks in China gained the right to provide loans to domestic enterprises conducting acquisition both at home and abroad, the country's top banking regulator announced here on Tuesday. "The move will enhance the banking sector's role in... |
| 29 Jul 09 |
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China's state-owned banks shift focus to credit control and restructuring » People's Daily &$&$3 major state-owned banks: NPL risks are under control&$&$ &$&$Banking regulator: ensure loans enter real economy&$&$ &$&$State-owned commercial banks issued larger loans to SMEs in H1&$ |
| 29 Jul 09 |
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State-owned commercial banks issued larger loans to SMEs in H1 » People's Daily &$&$3 major state-owned banks: NPL risks are under control&$&$ &$&$Banking regulator: ensure loans enter real economy&$&$ &$&$China's state-owned banks shift focus to credit control and restruc ... |
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