China c.bank office asks banks to maintain stable, orderly issuance of property loans

By Kitco News / October 28, 2021 / www.kitco.com / Article Link

BEIJING, Oct 28 (Reuters) - Banks should maintain the stable and orderly issuance of property loans, the Beijing office of China's central bank said on Thursday, adding that lenders should have an accurate understanding of the financing policy to the property sector.

The People's Bank of Beijing branch made the above comments after the conclusion of a meeting focused on credit supply in the Chinese capital of Beijing. (Reporting by Stella Qiu and Ryan Woo; Editing by Toby Chopra)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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