Chinese bank's new personal loans including credit card loans and consumer loans shows signs of improvement in May as the economy activity recovers for a coronavirus lockdown. In particular, home mortgage loans in some regions have recovered to pre-coronavirus levels.
A person from a large state-bank told Yuan Talks that "our new credit card loans increased in May from the previous month, but the gain was moderate. We expect credit card loan volume to . . .
To continue reading, please subscribe. You will get
- IN-DEPTH & DATA-DRIVEN reporting about key trends in China's economy and financial markets
- DETAILS MATTER - we bring you details that you won't find elsewhere
- THE WIRE - up-to-the-minute updates of market-moving news and views
- DAILY BRIEF - daily newsletter to give you a quick overview of the most important business news every day.
LIMITED-TIME OFFER - 50% OFF
We highly value independence. We are solely funded by subscriptions from intelligent readers like you.
Already have an account? Sign In