China Moves to Limit Bank Lending

by | Oct 12, 2010 | Towing

China ordered state-owned banks to limit lending as it moves to control inflation and prevent a credit bubble.

The Chinese government told the six largest state-owned banks to increase their reserves to 17.5% of deposits from 17%, The Associated Pres…

Loan Approval Rate Expected to Drop as Applications Rise

by | Sep 7, 2010 | Towing

Approval rates for bank loans will likely fall as the number of applications increase over the next six months, according to a recent survey of banking professionals released today by Fair Isaac and Northwestern University’s Ke…