Big Four's new-loans quota for 2013 'close to 3tr yuan'
Mainland's largest lenders to retain dominance with 35pc of annual allocations, report says

The four biggest mainland banks by assets are expected to get a 35 per cent share of the country's new-loan quota of 8.5 trillion yuan (HK$10.6 trillion) this year, maintaining their dominance over the mainland's 300 or so other commercial banks.

Policymakers set the new-loan target at 8.5 trillion yuan, the paper reported last week, which would represent growth of 3.66 per cent from the 8.2 trillion yuan lent out by mainland banks last year.
The Big Four are usually allotted a combined 30 to 40 per cent share of total new loans.
May Yan, an analyst at Barclays Capital, recommended that investors stay positive on Chinese bank shares in the near term as the loan target is "accommodative", which could help ease pressure from rising non-performing loan ratios.
Regulators have told lenders to focus this year on controlling risk, which is mounting from companies' defaults and the under-regulated, swelling shadow banking system.
