Chinese regulator requires banks to report on loan-risk exposure

04/12/2010 | Bloomberg

The China Banking Regulatory Commission, in efforts to spot asset bubbles, told banks to report by the end of June on their risk exposure to borrowers. "You can expect more Chinese government policies to contain the impact of this," said Francis Lun, general manager at Fulbright Securities. Having banks reassess their exposure to loan risk is "a sensible thing to do given the amount of bank lending that went into stock and property speculation."

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