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Tag: lenders

China\’s loan prime rates remain unchanged

wangxiao04/29/20240

BEIJING, April 22 (Xinhua) — China\’s one-year loan prime rate (LPR), a market-based benchmark lending rate, came in at 3.45 percent Monday, unchanged from the previous month.
The over-five-year LPR,

Chinese commercial banks see profits up 3.2 pct in 2023

wangxiao02/22/20240

BEIJING, Feb. 21 (Xinhua) — China\’s commercial banks reported a profit growth of 3.2 percent in 2023, data from the banking regulator showed on Wednesday.
Net profits of commercial lenders hit 2.4 tr

China implements biggest LPR cut on record

wangxiao02/20/20240

This file photo shows a worker counting Chinese currency at a bank in Lianyungang, East China\’s Jiangsu province. [Photo/Xinhua]
China implemented the biggest cut on record to a mortgage rate benchmar

China\’s loan prime rates remain unchanged

wangxiao01/22/20240

BEIJING, Jan. 22 (Xinhua) — China\’s one-year loan prime rate (LPR), a market-based benchmark lending rate, came in at 3.45 percent Monday, unchanged from the previous month.
The over-five-year LPR, o

China\’s loan prime rates remain unchanged

wangxiao12/27/20230

BEIJING, Dec. 20 (Xinhua) — China\’s one-year loan prime rate (LPR), a market-based benchmark lending rate, came in at 3.45 percent Wednesday, unchanged from the previous month.
The over-five-year LPR

China retains strong appeal for foreign banks amid high-standard opening up

wangxiao12/27/20230

BEIJING, Nov. 9 (Xinhua) — China\’s opening up of its financial sector with greater depth will bring more opportunities for foreign institutions and encourage them to invest in the country, according

Central Huijin increases stakes in major Chinese banks

wangxiao10/12/20230

BEIJING, Oct. 11 (Xinhua) — Central Huijin Investment Ltd. (Central Huijin), a state-owned investment company, has increased its holdings of A-shares in four of China\’s largest lenders, according to

China\’s benchmark lending rate lowered to bolster economic recovery

wangxiao06/21/20230

Photo taken on Oct. 19, 2020 shows an exterior view of the People\’s Bank of China in Beijing, capital of China. (Xinhua/Peng Ziyang)
BEIJING, June 20 (Xinhua) — China\’s market-based benchmark lending

Tighter lending standards deal blow to U.S. hotel developers

wangxiao06/09/20230

LONDON, June 8 (Xinhua) — Hotel developers in the United States have found it harder to get funding as regional banks have tightened their lending standards on the heels of the bank crisis, Reuters h

China\’s loan prime rates remain unchanged

wangxiao05/22/20230

BEIJING, May 22 (Xinhua) — China\’s one-year loan prime rate (LPR), a market-based benchmark lending rate, came in at 3.65 percent Monday, unchanged from the previous month.
The over-five-year LPR, on

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