CDB's Credit Scale to Remain Stable This Year
OREANDA-NEWS. February 18, 2014. With regard to the report that "CDB has slashed its credit line for 2014 by nearly RMB100 billion", the reporter of people.com.cn has learned from CDB's Press Office that supported by related state departments, the bank adheres to the basic principle this year to seek growth while maintaining stability and will ensure the basic stability of its credit scale and continue to improve its service to the national strategies.
According to introduction, CDB will give priorities this year to support the new urbanization process, affordable housing projects (including the transformation of shanty areas), railroads, industrial restructuring, poverty alleviation development and other fields.
In January, the amount of newly increased RMB loans was approximately the same as in the same month of last year, and the total amount of the loans issued in January increased by RMB22.3 billion over the same month of last year.
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