China urges banks to step up collateral-free loans to small firms
China’s banks should increase
loans to small firms secured by their credit records, instead of
collateral, the state planner and banking and insurance
regulator said on Friday, in a bid to boost lending support for
the slowing economy.
loans to small firms secured by their credit records, instead of
collateral, the state planner and banking and insurance
regulator said on Friday, in a bid to boost lending support for
the slowing economy.
Posted by Reuters
