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BOC to trim lending in second half

By Wang Bo | China Daily | Updated: 2009-08-28 08:13

BOC to trim lending in second half

The lending surge in the first half has trimmed the bank's capital adequacy ratio to 11.5 percent. CFP

Bank of China (BOC), the nation's third largest lender by assets, expects to maintain a steady credit expansion this year, but the lending pace is likely to slow in the second half, a senior bank official said yesterday.

BOC to trim lending in second half

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