China’s reserve requirement cut expected to slightly ease shortage of home mortgage loans
China’s reserve requirement cut expected to slightly ease shortage of home mortgage loans

China’s reserve requirement cut expected to slightly ease shortage of home mortgage loans

 

>>REAL-TIME UPDATES IN THE WIRE. CLICK HERE<<<

 

 

China's home mortgage loans have been tight this year and analysts believe the central bank's latest move to cut banks' reserve requirement ratio (RRR) will slightly ease the condition as banks get room to extend more loans, but they noted the overall impact will be limited as policy environment for the housing sector has changed.

New bank loans to the household sector totaled 868.5 billion yuan in June, down by 113 billion yuan from the same period last year, according to data from the People's Bank of China (PBOC). Among that, medium- and . . .

Sign In or Subscribe To Get Full Access. 

 

Join Us Now

 

We Are Live On THE WIRE Every Trading Day. Don't Miss Out. Grab Limited-Time Welcome Offer!

See Samples

 
 
 

Users' reviews 

 

They work with us

Sign Up For Free Weekly China Market Highlights HERE!Â