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Four Biggest Banks to Issue New loans of 2.85 Trillion Yuan

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According to an industry insider, China's four biggest banks are likely to issue new loans of around 2.85 trillion yuan this year, this will likely mean that the total amount of new loans issued by all Chinese lenders over 2011 will be somewhere between 7.1 and 8.1 trillion yuan. There were 7.95 trillion yuan in new yuan-denominated loans issued in 2010.

Source
China Business News

Google Translation

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