日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

Economy

Markets

Industries

Insights

Reports

Events

ICBC reports strong mortgage loan growth in Jan

By Yang Zhen (chinadaily.com.cn)
Updated: 2009-02-05 16:46

Industrial and Commercial Bank of China (ICBC) said Thursday that new mortgage loans in January 2009 amounted to 13.2 billion yuan ($1.93 billion), or 20 percent of the total in 2008.

The bank said the strong demand for mortgage borrowing at the beginning of 2009 resulted from the government's economic stimulus package which, among other things called for a series of interest rate reductions.

The rate cuts have trimmed an average 500 yuan from a monthly mortgage repayment of 3,500 yuan.

In addition, ICBC said it will offer interest rates discount of up to 30 percent to mortgage loans for the purchase of properties in the secondary market.