Less Risk Means Less Market Share for China's Big Banks: ChartBloomberg News
China’s largest banks are losing loan market share to smaller competitors as they become more cautious about doling out credit even as the central bank tries to stimulate lending. The four biggest lenders including Industrial & Commercial Bank of China Ltd. held 38 percent of China’s outstanding yuan loan market as of January, the lowest since data became available in 2010, while smaller banks ramped up lending. The People’s Bank of China on Monday cut the amount of cash banks much lock away to spur economic growth.
— With assistance by Jun Luo
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