Nov 28 - 4 Large Banks with 470 Million Credit Line Balance in a Dilemma

Source: ChinaScope Financial (Data), China Times

+   According to the data released by the Central Bank, the new credit line from Jan-Oct for the four large banks was 2.24 trillion yuan, and in contrast to the annual new standards developed by the four large banks, the amount of credit line will only be about 47 million yuan for the last two months of the year.

+   The loan increase of the four large banks in 2011 is: ICBC at 880 billion yuan, CCB at 750 billion yuan, ABC at 620 billion yuan, and BOC at 600 billion yuan.

+   Related Data: Total Loans and Deposits, LDRs, Trading Comparables of Related Banks

+   Related Companies: Industrial and Commercial Bank of China (SSE: 601398), Agricultural Bank of China (SSE: 601288), Bank of China (SSE: 601988), China Construction Bank (SSE: 601939)

The LDRs of the other three major banks remain low except that of BOC.

Trading Comparable

For more data of other banks, please visit www.chinascopefinancial.com

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