www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

BIZCHINA> Center
Banks extend more loans, ease terms after quake
(Agencies)
Updated: 2008-05-20 11:19

China's biggest banks are providing emergency loans, easing lending requirements and improving repayment terms on credit cards after the nation's most powerful earthquake since 1950.

Agricultural Bank of China will offer preferential loan rates for those affected by the disaster and extend repayment terms for mortgages by three to six quarters, Vice President Zhang Yun said at a press conference organized by China's banking regulator yesterday. Industrial and Commercial Bank of China Ltd (ICBC), Bank of China Ltd and Bank of Communications Ltd said they will ease loan terms and change repayment dates without charge.

"The aftermath of the quake requires creative and flexible banking arrangements," said China Construction Bank Corp chief risk officer Zhu Xiaohuang. "People have lost their identity and bank cards, or can't remember their passwords after the trauma. We're pushing through emergency loans to help these people get money even without full identification documents."

China's strongest earthquake in more than half a century killed at least 34,000 people, left 10 million homeless and may have caused more than $20 billion of damage, the government estimates. Companies in Sichuan, the worst hit province, face economic losses of 67 billion yuan ($9.6 billion), according to the Ministry of Industry and Information.

The impact on bank profits from the earthquake is "hard to estimate," said Yang Zaiping, vice chairman of the China Banking Association. China's 12 publicly traded banks posted an average 118 percent jump in first-quarter profit, taking advantage of a booming economy to make loans.

Quake Losses

Bank of China Ltd, the nation's third-largest, announced as much as 160 million yuan of quake-related losses as of May 18 as the temblor disrupted data networks and damaged buildings.

Agricultural Bank, which operates 31,000 outlets nationwide with most in rural areas, had 8.5 billion yuan of losses related to loans made to the power grid, manufacturing and real estate industries, the company said at yesterday's briefing.

Bank of Communications, part-owned by HSBC Holdings Plc, had 50 million yuan worth of damage to its automatic teller machines and network, said Vice President Qian Wenhui.

Chinese banks may report higher bad loans this year because of tighter credit controls and a slowing economy, the industry regulator said earlier this month. Write-off requirements for nonperforming loans may be reduced because of the quake, Yang said at yesterday's press conference.

Loan Commitments

Chinese banks offered 2.99 billion yuan of loans for reconstruction work as of noon yesterday, the China Banking Regulatory Commission said in a statement. Bank of China made more than 500 million yuan of emergency loans, while Bank of Communications advanced 2.04 billion yuan of funding, the companies said.

ICBC, the nation's largest, plans to grant more than 10 billion yuan of loans for relief work.

China's banking regulator urged banks on May 15 to ensure the availability of cash and "basic" financial services in south-central Sichuan province. More than 90 percent of banking outlets in Sichuan province resumed operations by May 16.


(For more biz stories, please visit Industries)

 

 

主站蜘蛛池模板: 亚洲区精品久久一区二区三区 | 国产精品久久久影院 | 精品91| 一区二区三区久久精品 | 美国aaaa一级毛片啊 | 欧美一级人与动毛片免费播放 | 欧美在线三级 | 国产a久久精品一区二区三区 | 黄色一级a毛片 | 亚洲欧洲一级 | www色午夜| 手机看黄av免费网址 | 女在床上被男的插爽叫视频 | 久久久久久久久久久大尺度免费视频 | 亚洲精品国产精品一区二区 | 亚洲成a人在线播放www | 日韩欧美高清在线观看 | 欧美日韩在线观看一区 | 深夜国产 | 日本特黄特色视频 | 日韩色视频一区二区三区亚洲 | 欧美日韩精品在线播放 | 七七国产福利在线二区 | 欧美性视频xxxxxxxx | 国产成人精品天堂 | 日本精品一在线观看视频 | 亚洲综合图片人成综合网 | 日本理论片免费高清影视在线观看 | 国产欧美日韩精品高清二区综合区 | 久久精品国产99国产精品亚洲 | 国产精品久久久久久久久岛 | 国产成人精品免费视频大全办公室 | 毛片一区| 91成人免费观看网站 | 成a人片亚洲日本久久 | 免费特黄级夫费生活片 | 亚洲免费视频观看 | 国产不卡视频在线观看 | aaa一级毛片免费 | 国产在线综合一区二区三区 | 久久99一区 |