January 13, 2012 at 14:36 PM EST
China PBOC Asks Banks to Refrain From Lending Too Much
China PBOC Asks Banks to Refrain From Lending Too Much Jan. 13 (Bloomberg) — The People’s Bank of China’s regional branches asked banks to refrain from lending “too much” in early part of the year, Reuters reports today, citing unidentified people in the banking industry. Shanghai PBOC branch told banks that 1Q new loans shouldn’t exceed [...]

China PBOC Asks Banks to Refrain From Lending Too Much

Jan. 13 (Bloomberg) — The People’s Bank of China’s regional branches asked banks to refrain from lending “too much” in early part of the year, Reuters reports today, citing unidentified people in the banking industry.

Shanghai PBOC branch told banks that 1Q new loans shouldn’t exceed 40% of total new loans last year, according to Reuters

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