CBRC to check closely housing loans to stocks after holiday - ResearchInChina

Date:2007-04-28     Source:jinxiajinxia  Text Size:

China’s Banking Regulatory Commission (CBRC) recently issues a circular on further avoiding business risks between financial institutions and securities brokers which banning loans embezzled to the capital market. CBRC will launch all- round examination focusing on housing mortgages, an authority with CBRC discloses.  

In addition, the banks will bear all responsibilities on detected illicit loans.

 

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