Wednesday, April 14, 2021
Tags Chinese central bank

Tag: Chinese central bank

Chinese Central Bank Appoints 48 Year-old Deputy Mayor of Chongqing as New Deputy Governor

The People's Bank of China (PBOC) has just expanded its senior leadership cohort with the addition of a new deputy governor drawn...

PBOC Commits to Stable Monetary Policy as Enterprise Loan Interest Rates Drop to Record Low, Commercial Lenders See First Profit Decline Since 2003

The People's Bank of China (PBOC) has reiterated its commitment to stable monetary policy following the release of key financial data for...

Chinese Central Bank Reportedly Orders Lenders to Keep 2021 Credit Growth on Par with Last Year

The People's Bank of China (PBOC) has reportedly issued an order for leading banking sector financial institutions to scale back credit growth...

PBOC’s Monetary Policy Committee Commits to Further Reductions in Real Interest Rates for Loans

The Chinese central bank has reiterated its commitment to reductions in borrowing costs for key areas of the real economy.

Chinese Central Bank Takes Leading Role in NGFS Initiative to Investigate Relationship Between Biodiversity and Financial Stability

A senior official from the People's Bank of China (PBOC) will play a leading role in a new initiative launched by the...

Chinese Central Bank Issues Assessment Standards for Application of Artificial Intelligence to Finance

The Chinese central bank has issued a new set of assessment standards for artificial intelligence (AI)-based fintech applications.

China Issues Additional Capital Requirements for Systemically Important Banks

China's top financial authorities have just issued new rules that outline additional requirements for the country's systemically important banking sector financial institutions....

PBOC Extends Deferral of Repayments on Financial Inclusion Loans Until End of 2021, Provides Monetary Policy Support

The Chinese central bank has extended the deferrals for financial inclusion loans that were first introduced in 2020 as part of efforts...

Beijing Calls for Reductions in Payments Costs, Accelerated Use of Digital Renminbi to Drive New Forms of Consumption

The Chinese central government has outlined a range of financial measures to help expedite new forms of consumption in the wake of...

Chinese Central Bank Sheds Further Light on Joint-venture with SWIFT

The People's Bank of China (PBOC) has issued an official notice providing more information on Jinrong Wangguan Xinxi Fuwu Co., Ltd. (Financial...

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Chinese Central Bank Appoints 48 Year-old Deputy Mayor of Chongqing as New Deputy Governor

The People's Bank of China (PBOC) has just expanded its senior leadership cohort with the addition of a new deputy governor drawn...

Beijing Cracks Down on Local Finance Platforms, Demands “Peeling Away” of Government Funding Role, Bankruptcies for Insolvent Firms

The State Council of China has issued new regulations concerning the handling of local finance platforms in a bid to stymie their...

Chinese CPI Bounces Back into Positive Territory in March

China's consumer price index (CPI) resumed positive YoY growth in March, as the domestic economy continues to recover from the impacts of...

Renminbi Lending Increases USD$1.17 Trillion in First Quarter of 2021

Chinese banks extended over USD$1.1 trillion in new loans in the first quarter of 2021 according to the latest data from the...