Big Four Banks' June Loans Decreased-Shanghai Metals Market

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Big Four Banks' June Loans Decreased

Industry News 09:21:53AM Jul 04, 2012 Source:SMM

Jul. 3 - The Industrial and Commercial Bank of China, Agricultural Bank of China, the Bank of China and the China Construction Bank lent 188 billion yuan ($29.59 billion) in June, lower than 250 billion yuan in May, Xinhuanet.com reported Tuesday.

The total new loans in June may amount to 700 billion yuan as new loans from Big Four banks account for 30 to 40 percent of all new loans.

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#1 Refined Cu
Aug.26
46055.0
-245.0
(-0.53%)
Standard-Grade Copper
Aug.26
46040.0
-250.0
(-0.54%)
High-Grade Copper
Aug.26
46065.0
-245.0
(-0.53%)
Guixi copper
Aug.26
46070.0
-250.0
(-0.54%)
Low-quality copper
Aug.26
46010.0
-250.0
(-0.54%)

Big Four Banks' June Loans Decreased

Industry News 09:21:53AM Jul 04, 2012 Source:SMM

Jul. 3 - The Industrial and Commercial Bank of China, Agricultural Bank of China, the Bank of China and the China Construction Bank lent 188 billion yuan ($29.59 billion) in June, lower than 250 billion yuan in May, Xinhuanet.com reported Tuesday.

The total new loans in June may amount to 700 billion yuan as new loans from Big Four banks account for 30 to 40 percent of all new loans.