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Chinese banks face hurdles to refinancing demands

Updated: 2012-08-07 07:44
By Wu Yiyao in Shanghai ( China Daily)

Banks in China are facing mounting pressure to refinance as interest rate liberalization moves forward and regulators set higher risk management standards, a recent report said.

Although Chinese banks currently have sufficient capital, pressure to maintain cash flow and to refinance is increasing, according to a report by The Chinese Banker, a Beijing-based monthly publication that focuses on China's banking industry.

For many banks in China, the difference between assets and liabilities will expand in the near future because of stronger regulations and banks' growing difficulties with refinancing, the report said.

Chinese banks face hurdles to refinancing demands