News list for " loans"

CITIC Securities: It is expected that LPR and lending rates will decline even more next year

On December 10, CITIC Securities released the learning experience of the Politburo meeting in December 2024, saying that the new round of policy starting gun was fired, and the policy inflection point was confirmed again. It is clear that the macro policy will be strengthened in 2025. From the perspective of monetary policy, this Politburo meeting called for the implementation of moderately loose monetary policy. This is the first time our country has implemented moderately loose monetary policy...

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2024-12-10 08:51:46
The 30-year mortgage rate in the United States has fallen to its lowest level since October

U.S. mortgage rates fell for the second straight week. Freddie Mac said Thursday that the average for 30-year fixed-rate mortgages in the U.S. was 6.69 percent, the lowest level since Oct. 24 and a further pullback from last week's 6.81 percent. However, borrowing costs remain well above September levels and real relief from stress may be a long way off. Real estate firm Redfin expects 30-year mortgage rates to remain fairly close to 7 percent throughout 2025.

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2024-12-06 03:28:16
The U.S. 30-year mortgage rate hit 6.69 percent, falling to its lowest level since October

U.S. mortgage rates fell for the second straight week. Freddie Mac said in a statement Thursday that the average level for 30-year fixed-rate mortgages was 6.69 percent, the lowest since Oct. 24 and down from last week's 6.81 percent. Borrowing costs remain well above September levels and real relief from stress may be a long way off. Redfin Corp. expects 30-year mortgage rates to remain fairly close to 7 percent throughout 2025.

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2024-12-06 01:42:09
Shanghai global pilot technology enterprises "employee stock loan" single maximum credit 20 million yuan

On December 3rd, the Shanghai financial supervision department has recently expanded the pilot program of employee stock ownership loans in technology enterprises from Lingang New Area and Zhangjiang to the whole city of Shanghai. This innovative measure is at the forefront of the country.

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2024-12-03 11:42:47
At the end of October, the balance of loans for inclusive small and micro enterprises across the country increased by 14.98% year-on-year.

On November 24th, the State Administration of Financial Supervision released today (24th) that as of the end of October, the national inclusive small and micro enterprise loan balance increased by 14.98% year-on-year, and the loan interest rate continued to decline. Data show that at the end of October, the national inclusive small and micro enterprise loan balance was 32.45 trillion yuan, an increase of 14.98% year-on-year, 7.47 percentage points higher than the growth rate of various loans. Am...

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2024-11-24 08:40:01
Dongfang Jincheng Wang Qing: Residents' medium and long term loans increased year-on-year, excluding debt factors, the overall improvement of financial data in October

On November 11th, today, the data released by the central bank shows that the new RMB loans in October were 500 billion yuan, an increase of 238.40 billion yuan year-on-year. Wang Qing, chief macro analyst of Dongfang Jincheng, pointed out that the acceleration of debt conversion by urban investment companies is the main reason why the medium and long term loans of enterprises increased by 386.30 billion yuan year-on-year. Excluding the influence of this factor, the actual new loans in October i...

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2024-11-11 19:58:57
Central Bank: At the end of October, the balance of domestic and foreign currency loans was 258.18 trillion yuan, an increase of 7.5% year-on-year. At the end of the month, the balance of RMB loans was 254.10 trillion yuan, an increase of 8% year-on-year.

Central Bank: At the end of October, the balance of domestic and foreign currency loans was 258.18 trillion yuan, an increase of 7.5% year-on-year. At the end of the month, the balance of RMB loans was 254.10 trillion yuan, an increase of 8% year-on-year.

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2024-11-11 16:31:54
Central Bank: RMB loans increased by 16.52 trillion yuan in the first ten months. By sector, household loans increased by 2.10 trillion yuan, of which short-term loans increased by 451.40 billion yuan and medium and long term loans increased by 1.65 trillion yuan.

Central Bank: RMB loans increased by 16.52 trillion yuan in the first ten months. By sector, household loans increased by 2.10 trillion yuan, of which short-term loans increased by 451.40 billion yuan and medium and long term loans increased by 1.65 trillion yuan.

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2024-11-11 16:33:30
The annual sales volume of the US leveraged loan market exceeded $1 trillion for the first time

October 26 news, so far in 2024, companies have raised more than $1 trillion in the US leveraged loan market, breaking the previous peak since institutions began to record relevant data in 2013 - $980 billion in 2017.

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2024-10-26 04:28:55
A number of class A share company announcements, repurchase increased loan landing

On October 20th, China Merchants Shekou announced today that the company signed an agreement with China Merchants Bank Shenzhen Branch, and China Merchants Bank Shenzhen Branch will provide the company with a loan limit of no more than 702 million yuan for the company's stock repurchase project. On the same day, Sinopec announced that the company's controlling shareholder, Sinopec Group, signed a credit agreement with Bank of China to obtain a credit line of 700 million yuan, and a special proje...

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2024-10-20 17:38:07
IntoTheBlock: "High Risk" Crypto Loans on Benqi Surge to Highest Level in Two Years at $55 million

According to data tracked by analytics firm IntoTheBlock, the total volume of high-risk loans, defined as those within 5% of their clearing price, rose to $55 million on Wednesday, the highest level since June 2022. Cryptocurrency traders typically obtain loans from decentralized lending platforms by locking up collateral in the form of digital assets. The risk here is that if the value of the collateral falls too much, the protocol will liquidate the debt by selling the collateral. Loans within...

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2024-10-19 12:32:05
Monetary authorities are investigating consumer lending by banks, including whether there are inflows into the stock market, latent risks and problems, etc

On October 14th, the reporter learned from a joint-stock bank related business person that the recent monetary authorities are investigating the situation of bank consumer loans, including whether the scale has increased significantly, whether there are inflows into the stock market, and what latent risks and problems. A deputy governor of a major bank branch said that the number of people who came to consult and apply for consumer loans on National Day has increased, but because the National Da...

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2024-10-14 21:59:37
The discussion of "lending to invest in stocks" continued to heat up, with several banks issuing statements warning: "Once discovered, the bank has the right to immediately withdraw the loan."

The discussion of "lending to invest in stocks" continued to heat up, with several banks issuing statements warning: "Once discovered, the bank has the right to immediately withdraw the loan."

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2024-10-10 16:14:01
People's Bank of China: RMB loans increased by 14.43 trillion yuan in the first eight months, and RMB deposits increased by 12.88 trillion yuan.

People's Bank of China: RMB loans increased by 14.43 trillion yuan in the first eight months, and RMB deposits increased by 12.88 trillion yuan.

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2024-09-13 19:28:50
Italy's CDP issues 25 million euro digital bond on Polygon

Italy's Cassa Depositi e Prestiti Spa (CDP) has issued a €25 million digital bond on the Polygon public blockchain, underwritten by Intesa Sanpaolo as the sole investor. The offering is part of the European Central Bank's (ECB) wholesale DLT settlement trial. As a result, the payments were made in central bank currency using the Bank of Italy's TIPS Hash Link solution, which provides a connection between the DLT and TARGET2 systems for wholesale payments. CDP is a provider of economic...

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2024-07-19 04:46:46