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Article: BRIEFING - ASIA BANKING - OCT 29, 2009.

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AsiaPulse News
Article date:
October 29, 2009
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An executive briefing on banking for Oct 29, 2009, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.

CHINA'S CENTRAL BANK CONFRONTED BY RISING FOREX LOAN CHALLENGES

BEIJING - New foreign currency loans granted by China's financial institutions have increased remarkably over recent months, originating new challenges for the People's Bank of China (PBoC), China's central bank, in credit control.

According to statistics by the PBoC, the monthly new foreign loans peaked at US$37.2 billion in June this year, and stabilized at a relatively high ...

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