All posts tagged "PBOC"
-
320Capital RegulationChina: State Council to Bolster Financial Support for SMEs
The new measures will include another RRR cut, $141bn in re-lending and re-discounting quotas, and new bond issuances to exclusively support SME loans.
April 2, 2020 -
305Capital RegulationPBOC Cuts Rates as Banks Prepare for More Bad Debt
Small- and mid-sized banks are likely to struggle more as they have less capital in reserve and fewer state borrowers they can call on.
March 31, 2020 -
393Capital Regulation
PBOC Announces Second Reserve Requirement Cut of 2020
The move is expected to release 550 billion yuan of long-term funds into the banking system to facilitate lending to small firms and other vulnerable sectors.
March 14, 2020 -
374Capital RegulationPBOC Controlled SPV to Infuse More Cash Into Bank of Jinzhou
New private placement shares represent a more than 44% expansion of Bank of Jinzhou's share capital, diluting the stakes of existing investors in the bank.
March 13, 2020 -
529China
PBOC, CSRC Pledge to Enhance Bond Market Functioning
The regulators will work to optimise the bond issuance management system, promote bond product innovation, and enhance the policy environment for private enterprises.
March 12, 2020 -
310China
PBOC Unofficially Sets Interest Rate Floor on Covid-19 Loans
The move is aimed at maintaining market order and at preventing banks from offering excessively low interest rates to lure borrowers.
March 2, 2020 -
401China
PBOC to Supply Banks an Additional ¥500b for SME Lending
The fresh funding comprises ¥300bn in re-lending quotas for small firms, ¥100bn for agriculture, and ¥100bn in re-discounting quotas, to help mitigate the economic impact of Covid-19.
February 28, 2020 -
476Capital Regulation
PBOC Expands Special Re-lending Programme to Help More Businesses
The PBOC has instructed six state-owned banks to provide low-interest loans to a broader pool of companies than originally specified under a special re-lending programme earlier this month.
February 25, 2020 -
479ChinaChina Reopens Treasury Bond Futures Market to State-run Banks
The domestic treasury bond futures market was closed in 1995 following a panic sell-off and the collapse of China's largest brokerage at the time.
February 24, 2020 -
376Capital Regulation
PBOC Cuts Benchmark Lending Rate As Economic Concerns Weigh
The PBOC pledged to help companies by lowering lending rates, increasing credit support, and ensure banking system liquidity through RRR cuts and MLF loans.
February 21, 2020
