Tuesday, May 5, 2015   

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:
McDonald’s in EU firing line for tax deals (2 hrs 36 mins ago)
US trade deficit balloons to new high (2 hrs 37 mins ago)
Investigation shows Chinese companies keep US regulators and lawsuits at bay (2 hrs 58 mins ago)
Greek economy in the doldrums, EU cuts forecast (05-05 17:51)
Indonesia growth slows to crawl (05-05 17:47)
HSBC posts 4pc rise in pre-tax profit, operating costs rise (05-05 17:33)
Eurozone raises growth outlook for 2015 to 1.5pc (05-05 17:10)
Singapore-Malaysia high-speed rail project delayed (05-05 17:01)
Jet Blue stake sale props up Lufthansa earnings (05-05 16:59)
Shanghai Composite plunges amid warnings (05-05 16:31)

More breaking news >>

© 2015 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 2015, 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.