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If Western banks become more reluctant to extend new loans, financing from China could help Russia fill the gap.
Though he has helped condos obtain loans, financing is difficult because usually the only collateral for a loan is the common charge, he said.
They will also have the chance to buy a number of riskier loans financing acquisitions, which are being put up for sale.
They would also offer development loans, financing for job training and subsidies for the hiring of welfare recipients, Mr. Tese said.
Real estate brokers say buyers here, too, often sidestep official bank loans, financing their home purchases from hidden sources of income, whether graft, undeclared bonuses from government jobs or money earned legally but not reported to tax authorities.
In the category of what the F.D.I.C. calls small-business loans — financing of $1 million or less — Sterling's portfolio actually dropped 3 percent, a steeper decline than in the banking industry as a whole.
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Bank loans finance almost all Japanese property purchases.
Allied Irish Bank has about 100 billion euros of loans financed by about 61 billion of deposits.
Included are payments on credit cards, retail accounts, installment loans, finance company accounts and mortgage loans.
At public universities, federal loans finance a median of 40 percent of student charges; at private schools, the median is 21 percent.
Oil revenue and associated Chinese loans financed an ambitious national infrastructure program of roads, airports, bridges, hospitals, and schools.
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