2023-08-26 01:25:45
BEIJING, Aug. 26 (Xinhua) — China CITIC Bank, a joint-stock commercial bank in China, announced last Friday a faster growth in loan issuance in the first half of this year.
The bank issued loans worth 5.38 trillion yuan (about 748.4 billion U.S. dollars) by the end of June, up 4.41 percent from the end of 2022, data released by the bank showed.
The growth rate of loan issuance in the first six months of this year was higher than that recorded during the same period in the past few years, according to the bank.
By the end of June, the balance of green loans had exceeded 400 billion yuan, an increase of 19.93 percent from the end of last year.
During the mentioned period, the balance of comprehensive loans exceeded 500 billion yuan, an increase of 13.88 percent from the end of 2022.
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