All posts tagged "Yi Gang"
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337ChinaPBOC, CBIRC Call on Banks to Boost Business Lending
Banks are directed to expand lending to SMEs amid concerns that China could struggle to record positive growth in the current quarter.
May 27, 2022 -
711Asia-PacificIndonesia Advances Local Currency Use in Cross-border Settlement
Domestic banks will be able to access other Asian currencies via cross-currency repo and other collateralised transactions with Bank Indonesia.
February 18, 2022 -
636ChinaPBOC Reiterates Commitment to Hong Kong Financial Centre
Key areas of collaboration to enhance Hong Kong's roles as an international financial centre include CBDC, regtech, green finance development.
December 13, 2021 -
459ChinaPBOC Seeks to Enhance CBDC Design and Functionality
The PBOC will improve the e-CNY's settlement efficiency, privacy protection, anti-counterfeiting measures, and interoperability with existing payment tools.
November 12, 2021 -
322ChinaPBOC Says Evergrande Risks ‘Controllable’, as Risks Spill Over
While PBOC officials are framing the Evergrande crisis as an isolated situation, problems in the property sector have broader implications for banks and investor confidence.
October 21, 2021 -
474China
PBOC Vows to Fill Gaps in FinTech Regulation
Governor Yi Gang says the PBOC will continue to strengthen its supervision of fintech companies, while also improving policy transparency and predictability.
October 15, 2021 -
257China
Excessive QE, Low Rates Are Damaging to Markets: PBOC
PBOC governor Yi Gang warns that quantitative easing and ultra-low interest rate policies can be damaging to market functions.
October 1, 2021 -
211China
PBOC Directs Banks to Support Housing Market
Banks are asked to refrain from cutting off funding to developers, continue supporting projects under construction, and approve mortgages for homebuyers.
October 1, 2021 -
449Capital / Liquidity
PBOC Calls on Banks to Expand Ability to Provide Credit
Banks are told to build up capital to improve their ability to provide credit to MSMEs, technological innovation, and green development.
August 27, 2021 -
620China
PBOC Set to Begin Assessing Banks’ Green Finance Performance
The PBOC will begin quarterly assessments of 24 major banks on their green finance performance under a new evaluation system starting 1 July.
June 12, 2021
