Banks with real estate loans exceeding a certain level are being given window guidance telling them to limit lending to property developers and homebuyers.
September 13, 2019An inspection last year found that some employees at the digital bank used consumer loans to invest in stock and futures trading.
August 14, 2019The special inspections will reportedly involve 75 banks in 30 cities, scrutinising all aspects of property-related loans, as regulators seek to rein in risk.
July 24, 2019The CBIRC has fined six banks a combined 156.3 million yuan for breaching rules on wealth management products, lending, and misleading advertising.
December 10, 2018