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China Daily | Updated: 2010-01-27 08:02

Agriculture loans up

Chinese banks granted 2 trillion yuan new loans to farmers and agriculture-related business last year, accounting for over one-fifth of the total new credit released in 2009, the central bank said yesterday. By the third quarter of last year, a total of 8.79 trillion yuan worth of loans were related to agriculture, accounting for 21.2 percent of all outstanding loans, it said.

CCB auto financing unit

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