Monday, September 1, 2014   

PBOC urges quicker loans for home buyers
(05-13 18:23)

China's central bank has urged the country's commercial banks to be quicker in approving and issuing loans to home buyers.
The statement was made by Liu Shiyu, vice governor of the People's Bank of China, when speaking to heads of 15 commercial banks in a meeting about housing financial services on Monday, according to a statement on the official website of the central bank Tuesday.
Liu urged the banks to "properly allocate credit resources and prioritize credit demand of first-time home buyers." --Xinhua   
Other Business breaking news:
Macau gaming revenue down in August (2 mins ago)
Germany runs up surplus in first half (24 mins ago)
CaixaBank to buy Barclays Spain operations (41 mins ago)
Nikkei ends higher (1 hr 4 mins ago)
Hang Seng flat by break (09-01 12:13)
China manufacturing growth slows in August: surveys (09-01 11:53)
Samsung to merge shipbuilding, engineering units (09-01 11:52)
Nikkei up at midday (09-01 11:52)
Eurozone inflation falls in August (08-29 17:39)
Hang Seng finishes flat (08-29 17:02)

More breaking news >>

© 2014 The Standard, The Standard Newspapers Publishing Ltd.
Contact Us | About Us | Newsfeeds | Subscriptions | Print Ad. | Online Ad. | Street Pts

 


Home | Top News | Local | Business | China | ViewPoint | CityTalk | World | Sports | People | Central Station | Spree | Features

The Standard

Trademark and Copyright Notice: Copyright 2014, The Standard Newspaper Publishing Ltd., and its related entities. All rights reserved.  Use in whole or part of this site's content is prohibited.   Use of this Web site assumes acceptance of the
Terms of Use, Privacy Policy Statement and Copyright Policy.  Please also read our Ethics Statement.