To prop up the economy, Chinese banks have been lending well in excess of deposit growth. Photo: Bloomberg

Mainland Chinese banks are desperate for capital

  • Major lenders raised or announced plans to raise 343 billion yuan in 2018, well below estimates last year that said they need 1 trillion to 3 trillion yuan
Topic |   Banking & Finance

TOP PICKS

To prop up the economy, Chinese banks have been lending well in excess of deposit growth. Photo: Bloomberg
READ FULL ARTICLE