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<CN Home>PBOC: Min. Down Payment Ratio for Commercial Property Purchase Loans to Be Cut to 30%
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Zou Lan, spokesperson and vice-governor of the People's Bank of China (PBOC), said at the State Council Information Office's press conference that, the PBOC, in collaboration with the National Administration of Financial Regulation (NAFR), will lower the minimum down payment ratio for commercial property purchase loans to 30% to support and promote destocking in the commercial office real estate market. AAStocks Financial News Website: www.aastocks.com |
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