Home News International News China’s banks extend $302 billion in new property loans in Q1

    China’s banks extend $302 billion in new property loans in Q1

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    property loans

    Outstanding property loans rose 20.3 % by end-March from a year earlier to 34.1 trillion yuan.

    Outstanding individual mortgage loans rose 20 percent by end of March to 22.86 trillion yuan.

    New individual mortgage loans stood at 99.49 million yuan in the first quarter. ($1 = 6.2879 Chinese yuan renminbi) ($1 = 6.2894 Chinese yuan renminbi)

    Info- https://realty.economictimes

     

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