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CN Govt Reportedly Requires CN Banks to Report Loan Risk Exposure to Venezuela
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After the US arrested Venezuelan President Nicolas Maduro, China's National Administration of Financial Regulation (NAFR) required local policy banks and other major commercial banks to report their loan risk exposure to Venezuela, Bloomberg quoted sources as saying. The authority further demanded banks strengthen risk monitoring of all Venezuela-related credit to assess potential risks of China's banking sector, the sources added. AAStocks Financial News Website: www.aastocks.com |
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