(AFX UK Focus) 2010-03-02 04:58 China top 4 banks had 294 bln yuan in new loans in Feb-sources (Interactive Investor)
BEIJING, March 2 (Reuters) – China’s four-biggest banks made net new loans in February of about 294 billion yuan ($43.1 billion), down about 39 percent from January, banking sources said on Tuesday. Overall bank lending in January was 1.39 trillion yuan, with the Big Four banks extending 480 billion yuan in new loans, sources previously told Reuters. Bank of America Merrill Lynch has forecast an …
