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Big Chinese Banks Urged to Lend More to.......>

CHINA
CHINA: Big Chinese Banks Urged to Lend More to Manufacturing Sector (BBG)
- China's banking regulator encouraged nine banks including ICBC, Agricultural
Bank of China, Bank of China and China Construction Bank to better serve the
manufacturing sector while economic pressures continue to increase. A seminar
held on Thursday reiterates that big banks' outstanding loans to the
manufacturing sector in 2019 should be "significantly" higher than 2018,
according to a statement on CBIRC website.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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