Monthly Archives For March 2018

Citic Bank Suspends Mortgages in Beijing

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(Beijing) — China Citic Bank Corp. has stopped offering mortgage loans larger than 2 million yuan ($315,390). The suspension is another sign that banks are taking a more cautious stance toward the real estate market…

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Bank halts home equity loans in Beijing

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A Chinese bank has reportedly suspended home equity loans in Beijing, as such loans have came under strict scrutiny by officials in their efforts to rein in the overheated real estate market. China CITIC Bank…

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