You are here

Shenzhen banks asked to tighten home-loan practices

Friday, March 25, 2016 - 05:50


A RESEARCH unit of China's central bank branch in Shenzhen asked commercial banks in the city to strengthen risk-control practices on household mortgage loans as property prices have soared, according to a statement obtained by Bloomberg News.

Mortgage leverage in Shenzhen

Market voices on:

Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at

Powered by GET.comGetCom