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CHINA PRESS: Half of the new loans by the six largest state-owned banks last
year were mortgage loans, The Paper reported. The newspaper named the six banks
as ICBC, CCB, ABC, BOC, BCM and PSBC, and said their mortgage loans increased by
CNY2.534 trillion last year. Less than one-third of the new loans were to
corporates, which were lent CNY1.488 trillion. The six banks increased their
loans by a total of CNY5.131 trillion last year, the newspaper said.