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Chongqing News

76.31 bln yuan loaned for housing purchase

2015-01-26 08:30:09

CHONGQING (CQNEWS) -- On 23rd January, Chongqing's banking industry reported that the deposit balance and loan balance had respectively surpassed 2.5 trillion and 2 trillion yuan by the end of December 2014. The increasing rate prevailed over the national level on average. In 2014, housing purchasers of the city borrowed 76.31 billion yuan from banks, rising by 14.26 billion yuan compared to 2013.

By the end of 2014, the balance of housing mortgage loan amounted to 419.73 billion yuan, a 22.6% growth year on year.

According to several large-scale commercial banks in Chongqing, housing loan will be operated in a looser condition than last year. (Translated by Chen Siyan, Fathom Language Limited)

Editor:Liu Kan