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Chinese bank regulator warns of loan growth risk! Post Reply Rate topic
Hulumas Supreme	20-Jul-2009 19:18        Hulumas About Contact  Quote this Post! Style: Flexible   Mood: Yells: "INVEST but not TRADE please!"
x 0   x 0  Alert Admin	Few decades but not few years! ronleech      ( Date: 20-Jul-2009 13:33) Posted: Few years down the road, it might burst like USA....
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ronleech Master	20-Jul-2009 13:33        ronleech About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Believe in yourself. Ride with the waves......"
x 0   x 0  Alert Admin	Few years down the road, it might burst like USA....
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niuyear Supreme	20-Jul-2009 13:16        niuyear About Contact  Quote this Post!
x 0   x 0  Alert Admin	I believe in this. nickyng      ( Date: 20-Jul-2009 12:55) Posted:    another potential financial crisis in making from China ??? :P   OKYO (MarketWatch) -- China's top banking regulator issued a strongly worded warning over the weekend about the risks of his country's surge in loan growth in the first half of this year, according to reports. "(We) must control the risk of real-estate loans," said Liu Mingkang, the head of the China Banking Regulatory Commission, was quoted as saying by Reuters. "In the first half of the year, our country's banking loans expanded rapidly and helped play an important role in stabilizing the economy, but the loans growth has led to accumulated risks also increasing," he said in a statement dated Saturday. Liu said banks should strictly follow criteria for granting loans on second mortgages, closely observe capital adequacy ratio standards and ensure the quality of loans. Chinese banks made 1.53 trillion yuan ($223.9 billion) last month, more than double the 664.5 billion yuan in lending seen in May, according to data released earlier this month by the People's Bank of China. See full story on Chinese bank lending data. That brought aggregate new lending to date for 2009 to 7.37 trillion yuan, up 201% from the first half of 2008, and already well above the official full-year target of 5 trillion yuan. Lisa Twaronite reports for MarketWatch from Tokyo.
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nickyng Supreme	20-Jul-2009 12:55        nickyng About Contact  Quote this Post!
x 0   x 0  Alert Admin	another potential financial crisis in making from China ??? :P   OKYO (MarketWatch) -- China's top banking regulator issued a strongly worded warning over the weekend about the risks of his country's surge in loan growth in the first half of this year, according to reports. "(We) must control the risk of real-estate loans," said Liu Mingkang, the head of the China Banking Regulatory Commission, was quoted as saying by Reuters. "In the first half of the year, our country's banking loans expanded rapidly and helped play an important role in stabilizing the economy, but the loans growth has led to accumulated risks also increasing," he said in a statement dated Saturday. Liu said banks should strictly follow criteria for granting loans on second mortgages, closely observe capital adequacy ratio standards and ensure the quality of loans. Chinese banks made 1.53 trillion yuan ($223.9 billion) last month, more than double the 664.5 billion yuan in lending seen in May, according to data released earlier this month by the People's Bank of China. See full story on Chinese bank lending data. That brought aggregate new lending to date for 2009 to 7.37 trillion yuan, up 201% from the first half of 2008, and already well above the official full-year target of 5 trillion yuan. Lisa Twaronite reports for MarketWatch from Tokyo.
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