Chinese banks should fast grow their....>

CHINA PRESS: Chinese banks should fast grow their credit card and consumer loan

businesses, China Securities Journal reported Tuesday, citing bank executives

and analysts. 

- The two categories supported banks' profit growth last year, the newspaper

said citing banks' earnings reports. 

- Mortgage loans dropped as a share of overall bank loans to individuals from

2015-2016 when mortgages were the main type of consumer lending, the Journal

cited Zhang Boyu, an analyst at Everbright Securities; 

- Consumer and credit card loans can expand further as they generate higher

returns for banks, the Journal reported citing Liu Zhiping, an analyst at Ping

An Securities.