Amazines Free Article Archive - Thursday, November 26, 2020
Read about the most recent changes and happenings at
Log into your account or register as a new author. Start submitting your articles right now!
Search our database for articles.
Subscribe to receive articles emailed straight to your email account. You may choose multiple categories.
View our newest articles submitted by our authors.
View our most top rated articles rated by our visitors.
* Please note that this is NOT the ARTICLE manager
Add a new EZINE, or manage your EZINE submission.
Add fresh, free web content to your site such as newest articles, web tools, and quotes with a single piece of code!
Home What's New? Submit/Manage Articles Latest Posts Top Rated Article Search
Subscriptions Manage Ezines
 Article Archive
 Advertising (133433)
 Advice (161169)
 Affiliate Programs (34757)
 Art and Culture (73748)
 Automotive (145648)
 Blogs (75213)
 Boating (9844)
 Books (17221)
 Buddhism (4128)
 Business (1329016)
 Business News (426379)
 Business Opportunities (366351)
 Camping (10967)
 Career (72751)
 Christianity (15849)
 Collecting (11638)
 Communication (115068)
 Computers (241942)
 Construction (38921)
 Consumer (49685)
 Cooking (17067)
 Copywriting (6652)
 Crafts (18205)
 Cuisine (7543)
 Current Affairs (20419)
 Dating (45889)
 EBooks (19696)
 E-Commerce (48224)
 Education (185301)
 Electronics (83506)
 Email (6407)
 Entertainment (159837)
 Environment (28927)
 Ezine (3039)
 Ezine Publishing (5451)
 Ezine Sites (1550)
 Family & Parenting (110929)
 Fashion & Cosmetics (196424)
 Female Entrepreneurs (11847)
 Feng Shui (131)
 Finance & Investment (310446)
 Fitness (106332)
 Food & Beverages (62917)
 Free Web Resources (7940)
 Gambling (30223)
 Gardening (25149)
 Government (10532)
 Health (629684)
 Hinduism (2206)
 Hobbies (44055)
 Home Business (91582)
 Home Improvement (251105)
 Home Repair (46177)
 Humor (4832)
 Import - Export (5453)
 Insurance (45105)
 Interior Design (29585)
 International Property (3485)
 Internet (191004)
 Internet Marketing (146475)
 Investment (22848)
 Islam (1167)
 Judaism (1356)
 Law (80453)
 Link Popularity (4595)
 Manufacturing (20857)
 Marketing (98997)
 MLM (14136)
 Motivation (18221)
 Music (27012)
 New to the Internet (9496)
 Non-Profit Organizations (4048)
 Online Shopping (129631)
 Organizing (7805)
 Party Ideas (11852)
 Pets (38069)
 Poetry (2234)
 Press Release (12683)
 Public Speaking (5635)
 Publishing (7528)
 Quotes (2407)
 Real Estate (126636)
 Recreation & Leisure (95396)
 Relationships (87678)
 Research (16169)
 Sales (80337)
 Science & Technology (110257)
 Search Engines (23488)
 Self Improvement (153225)
 Seniors (6236)
 Sexuality (35949)
 Small Business (49283)
 Software (83015)
 Spiritual (23475)
 Sports (116078)
 Tax (7659)
 Telecommuting (34067)
 Travel & Tourism (307860)
 UK Property Investment (3121)
 Video Games (13428)
 Web Traffic (11747)
 Website Design (56838)
 Website Promotion (36595)
 World News (1000+)
 Writing (35790)
Author Spotlight

I'm Ellisen, nice to meet you! Obviously you're here because you want to know who I am. Wel...more

My Name is Anish Sah, I am an Internet Marketing and SEO Expert, Social Media Guru and young Entrepr...more

Im just a man who likes to be happy and see others happy. Im into home business, sports, family, and...more

Danica Evans is an experienced author and online content writer. She has done her major in psycholog...more

Shovon Joarder has been working as Freelance Marketing Project Manager for over four years. He also ...more

Lenders to closely monitor property loans by fdhjkl rfghjtkl

Article Author Biography
Lenders to closely monitor property loans by
Article Posted: 07/27/2011
Article Views: 56
Articles Written: 2148
Word Count: 510
Article Votes: 0
AddThis Social Bookmark Button

Lenders to closely monitor property loans

Business,Business News,Business Opportunities
State-owned Chinese banks on Thursday said they have not suspended lending to realtors, but would monitor such exposure closely to avoid future problems.

"Our lending exposure to the property sector is quite low. Lending to property developers, commercial properties and land reserves accounted for 8.4 percent of the bank's total lending by the end of June this year. And we have been able to control the pace of property loans in some cities that have seen abnormal price swings recently," said Yang Kaisheng, president of Industrial and Commercial Bank of China (ICBC).

The lending pace has declined in the Yangtze River Delta and Pearl River Delta regions, he said. The growth of property loans in these regions was 1.68 percent and 6.5 percent lower than the bank's overall lending pace, he said.

Bank of China (BOC), the nation's fourth-largest lender, also expressed similar views. "We have applied stricter standards for property loans to control the quality of such exposures," said Chen Siqing, vice-president, BOC. Both the banks, however, pledged to support the healthy development of the property market.

"We will continue to provide financial support for low-cost housing development. If property loans are totally suspended, housing supplies will shrink and prices will go up," said Chen.

Meanwhile, both the banks came out with strong earnings numbers for the first six months ending June this year.

ICBC reported a profit of 85 billion yuan ($12.5 billion) for the first half, up 27.3 percent from a year ago.

BOC said net profit rose 27 percent in the first half to 52.02 billion yuan, compared with 41 billion yuan a year ago.

Jiang Jianqing, chairman of ICBC, said the bank's asset quality withstood market fluctuations during the global financial crisis.

ICBC's bad loan ratio stood at 1.26 percent by the end of June, down from the 1.54 percent at the beginning of the year, while provisions for bad loans rose to 189.81 percent.

BOC's non-performing loan ratio for the first half stood at 1.2 percent, a 0.32 percent decline from the same period last year. Its provision coverage ratio for bad loans stood at 188.44 percent.

Yang said the regulator's new norms on off-balance sheet loans will have a limited impact on ICBC's capital base and profitability. The banks exposure to such loans is only around 80 billion yuan, he said.

"Given the bank's lending pace during the past few years, we are now well-positioned to absorb the exposure without any impact on the overall financial strength," Yang added.

BOC said nearly 41.4 billion yuan of its loans to trusts have to be transferred back to the books.

"The quality of such products is normal and it does not require provision coverage and hence will not have a major impact on our capital adequacy ratio," said BOC President Li Lihui.

I am China Agriculture Net writer, reports some information about metal letter holder , jr refill kit.

Related Articles - metal letter holder, jr refill kit,

Email this Article to a Friend!

Receive Articles like this one direct to your email box!
Subscribe for free today!

 Rate This Article  
Completely useless, should be removed from directory.
Minimal useful information.
Decent and informative.
Great article, very informative and helpful.
A 'Must Read'.


Do you Agree or Disagree? Have a Comment? POST IT!

 Reader Opinions 
Submit your comments and they will be posted here.
Make this comment or to the Author only:
*Your email will NOT be posted. This is for administrative purposes only.
Comments: *Your Comments WILL be posted to the AUTHOR ONLY if you select PRIVATE and to this PUBLIC PAGE if you select PUBLIC, so write accordingly.
Please enter the code in the image:

 Author Login 
Register for Author Account


Advertiser Login


   Limited Time $60 Offer!
   90  Days-1.5 Million Views  


Great Paranormal Romance


Susan Friesen, founder of the award-winning web development and digital marketing firm eVision Media...more

Demonstrated exceptional leadership in the government and private sector at an executive level. Skil...more

Jason Ng has a huge passion for the health and fitness industry as he strongly believes that having ...more

Author of four books and two screenplays; frequent magazine contributor. I have four other books "in...more

I am not a writer nor am I trying to become a writer. I am an average person with average intelligen...more

Stevert Mckenzie, Travel Enthusiast. ...more

Steve Bye is currently a fiction writer, who published his first novel, ‘Looking Forward Through The...more

I love to research products and write reviews only high-quality useful products. ...more

At LeadGenerators, we specialise in content-led Online Marketing Strategies for our clients in the t...more

Cecilia is a professional Editor-writer (30+ years) and works on a worldwide scale. She has a profes...more

HomeLinksAbout UsContact UsTerms of UsePrivacy PolicyFAQResources
Copyright © 2020, All rights reserved.
Some pages may contain portions of text relating to certain topics obtained from under the GNU FDL license