Saturday, April 17, 2021
Tags Consumer loans

Tag: Consumer loans

Shenzhen Banks Suspend Consumer Loans Due to Real Estate Speculation Concerns

Multiple banks in the southern Chinese manufacturing hub of Shenzhen have suspended the provision of consumer loans due to concerns over their illicit use...

Banking Regulator Will Crackdown on Use of Consumer Loans for Home Purchases

The China Banking Regulatory Commission is planning a crackdown on the illicit use of consumer loans to invest in the property market. As property lending...

Beijing, Jiangsu, Shenzhen Crack Down on Use of Consumer Loans for Property Investment

Banking regulators in several parts of China are targeting the surging use of consumer loans to fund down payments for real estate purchases. Over the...

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