China encourages banks to extend loan period for small firms Go back »
2009-02-24 | All chapters
China encourages banks to extend loan period for small firms
For full text in English please click
http://news.xinhuanet.com/english/2009-02/20/content_10859256.htm
China's lenders have been urged to be flexible and innovative concerning loan repayment from smaller firms. The China Banking Regulatory Commission (CBRC) said Friday it is trying to help small firms facing financing difficulties by extending the loan period.