BEIJING, Sept. 25 (Xinhua) -- The China Banking
Regulatory Commission (CBRC) on Thursday denied a media report in Hong Kong that
it has told domestic banks to halt interbank lending to U.S. banks.
"The regulator has never, through any channel, issued a statement or told domestic commercial banks
not to lend to U.S. financial institutions," the CBRC said in a statement.
The South China Morning Post reported on Thursday
that the regulator ordered local banks to halt interbank lending to U.S. banks
to avoid possible losses during the financial crisis.
The newspaper cited unidentified sources as saying
that the ban applied to interbank lending of all currencies to U.S. banks but
not to banks from other countries.
The South China Morning Post had carried an
irresponsible report without seeking verification, said the statement. It added
that the regulator condemned this and reserved the right to ascertain legal
responsibility.