Monday, March 29, 2010

China is the Big Builder

By Rose Yu
Dow Jones Newswires



SHANGHAI -(Dow Jones)- China Construction Bank Corp. (CICHY, 0939.HK), the nation's second-largest lender by assets, said Sunday it aims to increase its yuan-denominated loans by 17% this year.

The bank said its gross loans and advances to customers, including local currency- and foreign currency-denominated loans, rose 27% last year to CNY4.8 trillion. But it didn't give the breakdown for its credit structure.

Copyright © 2009 Dow Jones Newswires

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