Tuesday, May 18, 2021
Tags Chinese interest rates

Tag: Chinese interest rates

Chinese Central Bank Releases White Paper on International Benchmark Interest Rate Reforms

The Chinese central bank has just released a white paper on efforts to reform international benchmark rates, signalling its commitment to a...

Interest Rate Cuts Behind Plunge in Chinese Banking Sector Profits: Central Bank Official

A senior official from the People's Bank of China (PBOC) has highlighted the impact of interest rates cuts as the key factor...

Enterprise Loan Rates on Track to Further Decline: Chinese Central Bank

Senior officials from the Chinese central bank have flagged further reductions in the rates of interest for loans extended to businesses.

Maximum Rate for Private Loans in China Shifts from 36% to 4-Times Loan Prime Rate

China has launched measures to change the "lawfully protected threshold" for loans between private parties from 36% to a multiple of the...

August Loan Prime Rate Remains Unchanged for Fourth Consecutive Month

China's loan prime rate (LPR) for August has remained unchanged for the fourth straight month.

Chinese Central Bank Calls for Reduction in Real Cost of Lending, Hails Greater Use of LPR

The People's Bank of China (PBOC) has called to driving further reductions to interest rates for loans in order to drive financial...

Structured Deposit Balance Rises to Record High, Triggers Concern over Interest Rate Arbitrage

A rapid expansion in structured deposits to record high levels has caused concern amongst Chinese regulators over the potential for companies to...

China’s One Year Loan Prime Rate Drops to 3.85%

China's loan prime rate (LPR) has just seen a decline following recent cuts to rates for one of the Chinese central bank's...

China Pushes for Alignment of Deposit Benchmark Rates and Market Rates

Beijing has signalled the launch of further efforts to free up interest rate regulation in the Chinese financial system.

Chinese State Media Declares Arrival of Low Interest Rate Era Following COVID-19 Outbreak

One of China's leading state-owned financial news publications says that the country has seen the start of a new low-interest rate era...

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China’s Commercial Banks See YoY Profit Growth of 2.4% in First Quarter, NPL Ratio Eases to 1.8%

The latest official data points to modest growth in the net profits of the Chinese commercial banking sector in the first quarter...

ICBC Tops Forbes List of World’s 2000 Leading Public Companies for Ninth Consecutive Year

China biggest bank in terms of assets has once again topped the Forbes Global 2000 list of the world's leading public companies....

PBOC Undertakes 100 Billion Yuan in 1-year MLF Operations on 17 May, Rates Remain Unchanged

The People's Bank of China (PBOC) undertook 100 billion yuan in medium-term lending facility (MLF) operations on 17 May, alongside 10 billion...

Huawei Wants to Drive China’s Transformation into the World’s Digital Leader

Chinese telecoms giant Huawei has committed to a major overhaul of its cooperative partnership ecosystem as part of efforts to transform China...