Bank of China plans to double its mortgage lending in Australia in two years via ForexLive

Bank of China plans to double its mortgage lending in Australia in two years

• Wants to offer more home loans to locals
• Hopes to reach more non-Chinese borrowers in the country through a product distribution agreement with Australian Finance Group Pty, Australia's biggest mortgage broker
• Bank of China held A$672 million of Australian mortgages as of September 30

More at Bloomberg

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