CCB to halt lending to mining, other sectors -source

BEIJING, Feb 5 (Reuters) - China Construction Bank (0939.HK: Quote, Profile, Research, Stock Buzz) (601939.SS: Quote, Profile, Research, Stock Buzz) will stop new lending to the mining, retail and certain other sectors this year, while restricting its lending more broadly, a source with the bank said on Tuesday.

The source said that those sectors in which the bank had a bad loan ratio of above 10 percent would receive no new loans for the rest of this year. Those included mining, wholesale and retail, as well as catering and hospitality, he said.

The bank will restrict its lending to sectors in which it has a non-performing loan ratio of between 5 and 10 percent, including construction and manufacturing, the source said. (Reporting by Zhu Li; Writing by Jason Subler; Editing by Anne Marie Roantree)