Press "Enter" to skip to content

China moves to drive more lending to small companies

CHECK THE WIRE FOR REAL-TIME NEWS UPDATES

China's banking and insurance regulator is taking more measures to encourage banks to continue increasing lending to smaller firms, including lowering the nonperforming loan ratio requirement for loans to small-sized companies.

The China Banking and Insurance Regulatory Commission said it has lowered the nonperforming loan ratio requirement for loans to small and micro-sized enterprises (with a credit line of 10 million yuan) allowing the NPL ratio for the type of loans to be up to 3 percentage . . .

To continue reading, please subscribe. You will get

  • An indispensable and reliable source of information on China's economy and financial markets
  • Original and in-depth reporting 
  • Details, data and perspectives you don't read elsewhere
  • THE WIRE - the ONLY real-time financial news platform focused on China, with 24/7 continuous live updates
  • Daily Brief newsletters to get you prepared for every trading day

Don't Miss Christmas Offer!  Full subscription less than $0.5 a day! 

FREE TRIAL cancel any time

We highly value independence. We are solely funded by subscriptions from thousands of readers like you.  

Already have an account? Sign In

Top