Chinese banks take step back from lending spree

storm guy suit 230px
By Pan Yue
28 Mar 2018

Chinese banks appear to be taking a step back from lending aggressively after a rise in funding costs and tightening onshore liquidity combined to put pressure on their balance sheets. As they become more selective, there will be winners and losers in the loan market, writes Pan Yue.

Mainland banks have long been known for their penchant to commit chunky amounts to loans, either as participants or as bookrunners. But that is slowly changing, said loans bankers in the region, who pointed to a recent loan for China Vanke, a Rmb4.15bn ($656m) facility, which will be ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial