China’s entrustment loan regime: a treasurer tells just how tough it is
Four months after CBRC’s brought in new rules on entrustment loans as part of a crackdown on shadow banking, a treasurer tells CT just how difficult it has been for liquidity-hungry corporates
Entrustment loans - a form of lending between corporates as lender and borrower and a bank as intermediary – has been a common way for treasurers to raise liquidity through loans in a China where traditional lending remains difficult to obtain.
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