THE ECONOMIC OBSERVER
ECONOMICS | NATION | MARKET | CORPORATION | BRIEFS | SPECIAL
follow us:
           
site: HOME > > Economic > China Buzz > Media Review
Some Bank Branches Raise Required First Home Down-payment to 40%

管理员

Some branches of China's big four commercial banks in Guangzhou have raised the down-payment required of first home buyers from 30 to 40%. The move follows earlier reports that the deposit required of first home buyers has already been lifted by some branches of commercial banks in Zhejiang and coincides with reports that some Beijing bank branches have also hiked the required deposit rates.

 

Source
Guangzhou Daily

Google translation

0 comments

Comments(The views posted belong to the commentator, not representative of the EO)

username: Quick log-in

About China Buzz

The Economic Observer's editorial staff are always on the look out for interesting, fresh and high-quality China-related content. Whether it's the latest buzz on Weibo, links to insightful articles or updates on the latest books and reports, through China Buzz we'll keep you in the loop about what's going on in the world of Chinese politics and economics.

Most popular

this week
this month

Categories

E-mail subscription

Enter your e-mail address to subscribe to China Buzz and receive notifications of new posts through e-mail.