日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Markets

Liquidity crisis 'isolated': Official

By Wang Xiaotian (chinadaily.com.cn) Updated: 2012-06-27 13:43

The recent liquidity crisis among some financing guarantee companies involved "isolated" cases and won't affect the whole financial system in a substantial way, said a senior official at China's banking watchdog on Tuesday.

Wen Haixing, deputy director-general of the financing guarantee department at the China Banking Regulatory Commission, said generally financing guarantee businesses have been developing quite well after Beijing tightened regulation over the industry last year.

By the end of 2011, outstanding guarantees amounted to 1.27 trillion yuan ($199.60 billion), up by 39.8 percent year-on-year, data released by the CBRC on Tuesday showed.

In 2010, the guarantees registered a growth of 64.6 percent, with a loss ratio of 0.04 percent.

Provisions for guarantee compensation totaled 31.6 billion yuan by the end of 2011, a surge of 82.7 percent from one year earlier.

Guarantees for loans to small and medium-sized enterprises went up by 40.5 percent year-on-year to 985.7 billion yuan by the end of 2010, said the CBRC.

Media reported earlier that some financing guarantee companies are suffering from a cash crunch and bosses are "running away" under liquidity pressure.

A cash crunch at the Guangzhou-based Huading Guarantee Co Ltd affected about 18 lenders and more than 400 local SMEs. Executives at Huading and another guarantee company were detained for investigation in March.

Wen warned governments at the local level to keep a close eye out for risky loans. Uncertainties related to financing guarantee companies still exist, especially given some of them have misused clients' security deposits to make loans or investments.

In June 2011, the CBRC required banks to examine their guarantee business to prevent the risky practices undertaken by some companies from spreading to commercial lenders.

By the end of 2011, the number of lenders that cooperated with financing guarantee companies had risen by 32.6 percent year-on-year to 15,997, according to statistics from the CBRC.

Concerns over guarantee companies have been rising since last year as some of the companies sought to profit by offering loans with interest rates higher than 50 percent while bank credit was tightened to curb inflation and enterprises were thirsty for capital to maintain operations.

In the coastal city of Xiamen, in Fujian province, local media reported last year that in just two months three guarantee companies were hit by non-performing loans ranging from 300 million yuan ($46 million) to 3 billion yuan.

wangxiaotian@chinadaily.com.cn

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 午夜快播 | 成人做爰www免费看视频网站 | 中文字幕av久久爽一区 | 毛片网站在线免费观看 | www.九九热 | www婷婷| 中日韩在线观看 | 欧美爽爽爽 | 日韩一区二区在线免费观看 | 久久草草 | 国产成人久久精品77777综合 | 麻豆性生活 | 亚洲欧美日韩免费 | 日韩精品一区二区在线播放 | 国产精品精品 | 欧美一区一区 | 国产一二区在线观看 | 日韩综合一区二区 | 久久99久久99| 欧美在线视频一区 | 日韩av自拍 | 成人写真福利网 | 亚洲天堂视频网站 | 亚洲成人a∨ | 一级片欧美 | 国产精品欧美综合 | 黑人操女人 | 国产免费福利视频 | 成人福利在线观看 | 一区二区三区在线免费观看视频 | 91麻豆传媒 | 久久九九视频 | 成人国产精品视频 | 国产无套丰满白嫩对白 | 成人午夜视频精品一区 | 色偷偷888欧美精品久久久 | 欧美黄色免费看 | 在线成人av网站 | 亚洲午夜视频在线 | 精品一区二区在线观看 | 精品人人人人 |