All posts tagged "re-lending"
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359ChinaChina Lowers Mortgage Rates for First-home Buyers
The move is designed to revive the property market. Last week banks were also directed to adjust how they set deposit rates.
May 17, 2022 -
272ChinaPBOC Announces Launch of Two New Re-lending Facilities
The PBOC will provide banks low cost funds which they can use to support innovative technology companies and institutions providing elderly care services.
May 2, 2022 -
416Capital / Liquidity
PBOC, SAFE Step Up Support for Covid-Hit Economy
Banks are asked to increase lending, delay loan repayments, defer overdue loan reclassification, and support infrastructure projects and property developers.
April 20, 2022 -
419China
PBOC Modifies Re-Lending Support Facilities for Small Businesses
The two new tools are more market-based versions of measures that have already been in place to help small and micro enterprises.
January 4, 2022 -
359ChinaChina to Launch Targeted Re-lending Facility for Clean Coal
The CNY 200 billion re-lending facility will provide targeted financing support for cleaner coal mining, processing, and power and heat generation.
November 19, 2021 -
851Capital / Liquidity
Chinese Officials Ask Banks to ‘Bear the Costs’ of Rising Bad Debt
Chinese banks are asked to sacrifice 1.5tr yuan in 2020 profits to support businesses through lower lending rates and fees, loan repayment deferrals, and bad debt write-offs.
June 22, 2020 -
758Capital / Liquidity
China: 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 -
658China
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 -
610Capital / Liquidity
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 -
447Capital / Liquidity
PBOC Offers Banks Low-Cost Funding to Support Epidemic Control
Banks are required to use the special funding to support activities by companies directly linked to controlling the outbreak through loans issued at below-market interest rates.
February 11, 2020
