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CHINA PRESS: Chinese banks have seen deposits slowing, while loans continue to
increase, the 21st Century Business Herald reported Tuesday.
- Deposits at by non-banking financial institutions sharply declined last year
following stricter regulations on interbank transactions and the appeal of the
wealth management products;
- Mortgage loan growth slowed on property purchase curbs;
- Corporate loan increased on robust economy.
***COMMENT: PBOC is expected to hikes deposit rates to encourage household
saving, leaving lending rates unchanged to help boost growth.