Mon, Sep 30, 2013 - Page 8 News List

EDITORIAL: Bracing for monetary tightening

One can infer that the central bank is hinting at possible monetary tightening, although no one can say for sure when or what tools it will use. Commercial lenders need to keep watchful eyes on their risk management for real-estate lending, as the latest data showed that total real-estate loans — including consumer’s mortgages and loans made by developers — have reached more than one-third of total loans. Some banks may suffer losses from bad real-estate loans in the face of a possible uptrend in interest rates.

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