2016-04-20

Shenzhen Still Offering 10% Discounted Mortgages to First-Time Homebuyers

iFeng: 深圳首套房利率普遍九折 房价仍有上涨空间

The story briefly mentions the headline news above and then switches to related news:
While consumer credit, housing loans to individuals to serve as the main direction. In 2015, Construction Bank, ICBC, China Merchants, Agricultural Bank, and Bank of China new individual housing loans as a percentage of new loans reached 60.19%, 55.4%, 54.86%, 49.40% and 32.03%.

..."Now the real economy more risky, many industry not vote, the banks will loan as a key business." East China branch of a state-owned lines where people put it this way.

Another official said the state-owned big firms in the period of economic downturn, individual line of business of the whole business can act as a "stabilizer" role.

This trend has been fully reflected in new loans in 2015. Personal loans accounted for 45% of new loans last year, the company has exceeded the amount of new business.

A number of banks in its annual report said that in order to adapt to consumer demand to upgrade, develop consumer credit business. While consumer credit, housing loans to individuals to serve as the main direction.

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