All posts tagged "RRR"
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374Capital / LiquidityPBOC, 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 -
295Capital / LiquidityPBOC Cuts RRR for Banks as Economic Uncertainty Looms
The cut will free up an estimated CNY 530 billion in banking system liquidity to support the economy and keep financing costs stable.
April 18, 2022 -
326China
PBOC, CBIRC Urge Banks to Support Real Estate M&A Deals
Banks are asked to support acquisitions of property development projects by healthy real estate companies, including by providing direct loans and facilitating bond issuance.
December 22, 2021 -
376Capital / Liquidity
China Introduces New Measures to Incentivise Bank Lending
The PBOC is providing banks with capital to lend to small businesses, and acting as an intermediary between lenders and property developers.
December 16, 2021 -
332Capital / Liquidity
PBOC Raises Forex Reserve Requirement for Banks
The move will force Chinese banks to more foreign currency at the central bank, and help to contain the renminbi's appreciation.
December 14, 2021 -
317Capital / Liquidity
PBOC Lowers Relending Rate for Agriculture, Small Business Loans
The lower relending rate is expected to reduce funding costs for small and medium-sized banks and incentivise them to make agricultural and small business loans.
December 9, 2021 -
232Capital / Liquidity
PBOC Cuts RRR for Banks as Evergrande Uncertainty Looms
The cut, effective 15 December, will free up an estimated CNY 1.2 trillion in banking system liquidity to support the economy and reduce financing costs for businesses.
December 7, 2021 -
500ChinaChinese Regulators Respond to Evergrande Default Fears
Government officials have been dispatched to China Evergrande Group to form a risk management committee to oversee risk management and strengthen internal controls.
December 7, 2021 -
416Asia-PacificBSP Proposes Prudential Requirements for Digital Banks
The BSP proposes a 3 percent RRR for digital banks, aligning them with thrift lenders. A 7th licence will not be issued at the stage as previously planned.
October 11, 2021 -
184Capital / Liquidity
PBOC Cuts Reserve Requirement to Boost Bank Lending Capacity
Market participants say that the earlier-than-expected RRR cut reflects policymakers' concerns that banks may be under stress and facing higher NPLs.
July 13, 2021
