{"id":129282,"date":"2022-09-03T10:00:21","date_gmt":"2022-09-03T03:00:21","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-banking-crisis-savers-at-risk-as-small-lenders-face-perfect-storm-of-soured-property-loans-slowing-economy\/"},"modified":"2022-09-03T10:38:35","modified_gmt":"2022-09-03T03:38:35","slug":"china-banking-crisis-savers-at-risk-as-small-lenders-face-perfect-storm-of-soured-property-loans-slowing-economy","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-banking-crisis-savers-at-risk-as-small-lenders-face-perfect-storm-of-soured-property-loans-slowing-economy\/","title":{"rendered":"China banking crisis: savers at risk as small lenders face \u2018perfect storm\u2019 of soured property loans, slowing economy"},"content":{"rendered":"


\nA debt crisis in the property sector and an economy hobbled by a zero-Covid policy have left small lenders struggling. This could spell trouble for millions of individual savers.
\n
\nSource : South China Morning Post
\nRead more…China banking crisis: savers at risk as small lenders face \u2018perfect storm\u2019 of soured property loans, slowing economy<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A debt crisis in the property sector and an economy hobbled by a zero-Covid policy...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-129282","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-xDc","jetpack-related-posts":[{"id":3997,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/forget-payday-lenders-theres-a-much-better-way-to-borrow\/","url_meta":{"origin":129282,"position":0},"title":"Forget payday lenders \u2013 there\u2019s a much better way to borrow","date":"October 24, 2015","format":false,"excerpt":"\r Lack of access to mainstream funds drives many to find loans at extortionate rates but there is a viable alternative. And savers can benefit tooWonga charges an APR of 1,509%, QuickQuid 1,270%, while doorstep seller Provident -Financial quotes 1,068%. Yet there is an alternative source of loans for hard-pressed\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6992,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-rates-continue-to-fall\/","url_meta":{"origin":129282,"position":1},"title":"Mortgage rates continue to fall","date":"March 6, 2016","format":false,"excerpt":"\r Borrowers still benefit from Bank of England cutting base rate to 0.5%Seven years of record low interest rates may have hammered savers, but borrowers are continuing to benefit.Yesterday marked the seventh anniversary of the Bank of England slashing interest rates to their current 0.5% historic low. And while the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":62960,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-chinas-billion-savers-embarked-on-a-household-debt-binge\/","url_meta":{"origin":129282,"position":2},"title":"How China's billion savers embarked on a household debt binge","date":"August 7, 2017","format":false,"excerpt":"\r With property the only reliable investment channel in China, leverage and risk in the country are growing.\r \r Source : cnbc.com\r Read more...How China's billion savers embarked on a household debt binge","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":129367,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-property-crisis-plunging-profits-leave-developers-struggling-to-generate-enough-cash-to-service-their-loans\/","url_meta":{"origin":129282,"position":3},"title":"China property crisis: plunging profits leave developers struggling to generate enough cash to service their loans","date":"September 8, 2022","format":false,"excerpt":"\r The debt crisis is deepening, as interim results from the country\u2019s biggest developers showed most of them struggling to generate enough cash to service their loans amid a slowing economy.\r \r Source : South China Morning Post\r Read more...China property crisis: plunging profits leave developers struggling to generate enough\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":54953,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tighter-bank-credit-means-business-for-money-lenders\/","url_meta":{"origin":129282,"position":4},"title":"Tighter bank credit means business for money lenders","date":"May 16, 2017","format":false,"excerpt":"\r The Hong Kong banking regulator\u2019s move to dampen developers from providing generous mortgage schemes has created new business opportunities for non-banking institutions and money lenders. Ego Finance, one of the major finance companies in Hong Kong, said the new measures would generate more business opportunities for money lenders. With\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120790,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrandes-creditor-minsheng-bank-pares-loans-to-developer-amid-concerns-about-leverage-default\/","url_meta":{"origin":129282,"position":5},"title":"China Evergrande\u2019s creditor Minsheng Bank pares loans to developer amid concerns about leverage, default","date":"June 24, 2021","format":false,"excerpt":"\r China Evergrande\u2019s top bank creditor has reduced its exposure to the nation\u2019s most-indebted developer to assuage its own investors, a sign that local lenders have started to raise their guard against the risk of defaults.China Minsheng Banking Group, a major commercial lender, said its loan exposure to Evergrande has\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/129282"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=129282"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/129282\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=129282"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=129282"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=129282"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}