Small-credit firms extend more loans in H1
Updated: 2013-07-29 17:25
(Xinhua)
|
|||||||||||
BEIJING - China had 7,086 small-credit companies with a total loan balance of 704.3 billion yuan ($114.14 billion) at the end of June, according to the central bank on Monday.
The People's Bank of China said the credit expansion realized by small-credit companies in the first half stood at 112.1 billion yuan.
Small-credit companies provide financial services mainly for small- and micro-sized enterprises, people with low incomes and private rural households.
The report showed that East China's Jiangsu province had 529 small-credit companies, the most of any provincial-level region, followed by Northeast China's Liaoning province and North China's Inner Mongolia autonomous region.
Related Stories
Bonus for small businesses 2013-07-26 09:18
Big moves for small peddlers 2013-07-26 09:07
Small exporters 'need more help' to weather tough times 2013-07-26 08:22
China to suspend VAT for small businesses 2013-07-25 09:05
Small business, big dreams 2013-07-22 13:30
Better financial services urged for small businesses 2013-07-16 14:04
Today's Top News
Homesexuals meet on lifestyle
30 killed in Italy coach accident
China warily eyes Japan's SE Asia buying binge
Financial guru looks to nation's future
Officers suspended after alleged beating
Mental health care falls short
Deliveries up as mercury rises
Audit targets local government debt
Hot Topics
Lunar probe , China growth forecasts, Emission rules get tougher, China seen through 'colored lens', International board,
Editor's Picks
Carbon market helps cut emissions |
Attractive Cities for Foreigners |
Terraces on top of the world |
No summer relief for kindergarten |
Safety worries mount |
Giving ancient Lhasa a facelift |