Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
CN Regulators Urge Big Four Banks to Maintain Credit Support for NWD, Report Says
Recommend 21 Positive 49 Negative 14 |
||||
|
||||
|
Chinese regulators urged CCB (00939.HK), ABC (01288.HK), ICBC (01398.HK), and BANK OF CHINA (03988.HK) to continue providing credit support to NEW WORLD DEV (00017.HK), as Octus, a credit intelligence and data provider, cited people with the knowledge of the matter as saying. The requested support includes maintaining NWD's existing credit lines and exploring new financing options. The big four Chinese banks are reportedly reviewing their existing risk exposure to NWD and assessing the additional risks associated with extending further financing. AAStocks Financial News |
||||
Copied to Clipboard
 |
||||
