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CBRC sets lending guidelines

01-18-2011 13:45 BJT

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The China Banking Regulatory Commission has announced it will provide lending guidelines for the country's banks.

The commission says it will improve financial services in rural areas, and encourage banks' support for small-sized companies. It's also vowing to step up support for affordable housing programs, and continue to implement the differentiated home loan policy.

The Commission says it will tighten controls over lending to local government's financing vehicles, in order to ward off risks.

Editor:Xiong Qu |Source: CNTV.CN

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