April 06, 2013 3:35 PM
BOAO, Hainan (REUTERS) - China's big banks are not delivering on their promise to lend more to the smallest firms and are instead "faking" their micro loans, a researcher said on Saturday, suggesting a government drive to increase micro-lending is struggling.
Reported by Straits Times 4 hours ago.
BOAO, Hainan (REUTERS) - China's big banks are not delivering on their promise to lend more to the smallest firms and are instead "faking" their micro loans, a researcher said on Saturday, suggesting a government drive to increase micro-lending is struggling.
Reported by Straits Times 4 hours ago.