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Banks' exposure to property sector rises in 2013

By Gao Changxin | China Daily | Updated: 2014-04-02 08:33

Eleven publicly listed lenders that have released their 2013 results have reported a combined 3.2 trillion yuan ($516 billion) in outstanding property loans as of Dec 31.

Five other lenders have yet to release their results.

The figure stood at 3.16 trillion yuan for all 16 banks at the end of 2012.

Banks' exposure to property sector rises in 2013

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