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Can only commercial banks lend money?
Category: Commercial/Financial Management >> Banking

Problem description:

Like ABC, can't CCB?

Analysis:

All commercial banks can handle loan business, including the four major commercial banks: China Construction, China Merchants, Transportation, Shanghai Pudong Development Bank and Minsheng Bank. Rural credit cooperatives, urban credit cooperatives, trust companies and other non-bank financial institutions can also handle loan business. However, policy banks, such as China Development Bank, do not handle any business for individuals or private enterprises.