Home RSS
Real Estate

Hong Kong New Bank Loan Growth ‘Still Too Fast,’ HKET Says

Sophie Leung Bloomberg.com 09/17/2011 23:04
Hong Kong New Bank Loan Growth ‘Still Too Fast,’ HKET Says - Hong Kong - Business - Finance


Growth in new bank loans is “still too fast,” with lending increasing at an annualized rate of more than 18 percent in June and July, the Hong Kong Economic Times reported today, citing the Hong Kong Monetary Authority’s Deputy Chief Executive Arthur Yuen.



The city’s de facto central bank may adopt measures on mortgages if needed, the Chinese-language newspaper said, citing Yuen.


Source