(AFX UK Focus) 2010-02-01 10:52 China’s ICBC says new Jan loans down vs last year (Interactive Investor)
BEIJING, Feb 1 (Reuters) – Industrial and Commercial Bank of China, the country’s largest lender, said that its new loans in January were about 110 billion yuan ($16 billion), less than in the same month last year. The bank also said in a statement that the majority of the loans went to on-going projects and small businesses, and it vowed to lend at a balanced, reasonable pace throughout the year.
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(AFX UK Focus) 2010-02-01 10:52 China’s ICBC says new Jan loans down vs last year (Interactive Investor)
