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DBS planning tightened lending to China SOEs

This comes as Beijing tries to reform bloated firms and economy slows

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DBS Group plans to launch a "decision grid" to assess the creditworthiness of state-owned enterprises, according to draft internal risk guidelines reviewed by Reuters.

Shanghai

SOME banks are adopting stricter lending criteria for China's state-owned enterprises (SOEs), demanding collateral from some companies they used to deem as safe as government debt, as Beijing tries to reform its bloated firms and the economy slows.

Singapore's DBS Group,

sentifi.com

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