bank lending

China ordered state-owned banks to limit lending as it moves to control inflation and prevent a credit bubble. The Chinese government told the six largest state-owned banks to increase their reserves to 17.5% of deposits from 17%, The Associated Press reported. State-owned banks were previously...

Approval rates for bank loans will likely fall as the number of applications increase over the next six months, according to a recent survey of banking professionals released today by Fair Isaac and Northwestern University's Kellogg School of Management.