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View Full Version : Hong Kong May Ask Lenders to Set Aside More Reserves on Loan Default Risks - Bloomber



NewsWhore
05-19-2011, 01:00 AM
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Hong Kong May Ask Lenders to Set Aside More Reserves on Loan Default Risks (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHZQUb6Oi_Zb2oLXgXoDZccEdNhxg&url=http://www.bloomberg.com/news/2011-05-18/hkma-s-chan-says-banks-rates-to-face-upward-pressure-1-.html)
Bloomberg
The local currency loan-to-deposit ratio for Hong Kong banks rose to 81.7 percent by the end of March from 71 percent in early 2010, HKMA said. HSBC said this week that mortgage rates in the city will rise further because of “tightness” in market ...

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