Friday, October 9, 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:
Malaysia central bank wants state fund prosecuted (1 hr 21 mins ago)
Oil prices touch new high at US$53.61 (1 hr 24 mins ago)
HK, China stocks close higher (10-09 17:09)
Sri Lanka national carrier rewarded for hospitality (10-09 15:56)
Positive start for Europe equities (10-09 15:49)
Nikkei closes higher (10-09 14:22)
Volkswagen trust takes a beating on cheating in US hearings (10-09 13:48)
Ex-banker pleads guilty in US$1.2b Rothstein Ponzi scam in US (10-09 13:41)
Global worries kept Fed from raising rates, minutes show (10-09 13:33)
Asia computer shipments stable, survey finds (10-09 12:43)

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.