Heze becomes first Chinese city to see large banks cut down payment requirement in this round of housing market easing
FEATURES POLICY & REGULATION
Heze becomes first Chinese city to see large banks cut down payment requirement in this round of housing market easing
FEATURES POLICY & REGULATION

Heze becomes first Chinese city to see large banks cut down payment requirement in this round of housing market easing

 

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Large Chinese state banks' branches in the city of Heze, in eastern China's Shandong province, have lowered the minimum down payment ratio for home buyers in a move to boost its sluggish housing market.

That makes it the first Chinese city to see such a move by commercial banks in the latest round of real estate policy easing.

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