综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

National

Regional

Taiwan, HK, Macao

Special Coverage

Focus

Society

Profiles

China to tighten rules on personal loans

(Xinhua)
Updated: 2009-10-28 21:15

BEIJING: China's banking regulator Wednesday issued a draft plan on stepping up rules of personal loans to prevent misuse of money lent from the country's financial institutions.

The draft regulation, posted on the web site of the China Banking Regulatory Commission (CBRC) to solicit public opinions, aimed to enhance prudent management of personal loans and ensure the money to enter real economy, the CBRC said.

Related readings:  Banking regulator urges reasonable pace of lending  Banking services in need of improvement  Bankers show confidence in economy, banking industry in Q3  Banking regulator to strengthen financial risk control  Banking assets grow 388 times since opening up

The CBRC ordered lenders not to give loans to individuals without knowing their proposed usage. The regulations did not raise the threshold for people applying for funds, the CBRC said.

In the first six months, new personal loans hit 650.8 billion yuan, 391.7 billion yuan more than the same period of last year, the CBRC said.

The amount and types of personal loans was rising, but the country lacked a unified regulation, which would result in legal risks and affect the steady and fast development of the country's economy, the CBRC said.

The draft regulation came amid the concerns that part of loans were used for speculation rather than in real economy, increasing risks of asset bubbles and bad loans.

In the first nine months, Chinese banks lent 8.67 trillion yuan of new loans, compared with the full year target of 5 trillion yuan after the government eased restrictions to back the economic growth amid the global economic downturn.