Saving and Loan Associations, by the way, no longer exclusively limit themselves to mortgage lending -either they do home improvement lending and auto loans and the like as well.
BlackRock finally gave in to the pressure from its clients, announcing its decision to limitlending to 50% of the total value of securities that the fund holds.
He believes that the central bank's new credit guidelines, which include a limit on property lending to one-fifth of outstanding loans, would bring stability in the long run.