June 1, 2018 / 9:06 AM / 3 months ago

China issues guidelines on banks' management of syndicated loans

BEIJING, June 1 (Reuters) - China’s banking and insurance regulator said on Friday that it has issued draft guidelines on banking institutions’ management of syndicated loans.

The rules are aimed at containing credit risks stemming from rising corporate debt levels, the regulator said in a statement on its website. (Reporting by Beijing Monitoring Desk; Editing by Richard Borsuk)

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