Growth Rate of Bank Loans to Decrease in August

In an interview with a Securities Daily reporter, some experts predicted that the growth rate of bank loans will further decrease, and that the amount of new loans will reach 500 million yuan in August. As estimated, the sum of new loans from the first seven months has reached 69 percent of the annual target, set at 7.5 trillion yuan. There are only 2.32 trillion yuan of bank loans left unissued for the last four months of the year.

Source
China Financial Information

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