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Bank of China raised H1 mortgage lending to support market growth

Bank of China raised H1 mortgage lending to support market growth

FILE PHOTO: A security guard wearing a mask following the coronavirus disease (COVID-19) outbreak is seen near the Bank of China in Beijing, China, October 19, 2020. REUTERS/Tingshu Wang

HONG KONG/SHANGHAI : Bank of China said on Wednesday it had increased mortgage lending in the first half to support the healthy growth of the property market.

The remarks were made by bank chief Liu Jin at a news conference a day after the lender posted its half-year results.

Source: Reuters

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