Tuesday, April 20, 2021
Tags Negotiable certificate of deposit

Tag: Negotiable certificate of deposit

China’s Big Banks Could Drive Up Money Market Rates with NCD Funding Spree

China's big five banks are expanding their use of negotiable certificates of deposit (NCD) to access short-term funding for loans, in move that could...

Heightened Regulatory Pressure Could Lead to Consolidation of China’s Banking Sector

Smaller-sized lenders in China are finding it harder to obtain funds via the money market, as liquidity becomes constrained and regulators step up their...

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China Launches Digital Renminbi Trials in 11 Cities, Stages Seven Digital Renminbi Lotteries in Year Following Start of Testing

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Chinese Central Bank Commits to More Policy Support for Carbon Targets, Warns of Risk Arising from Transition Away from Fossil Fuels

The People's Bank of China (PBOC) has reiterated its commitment to green finance initiatives as part of efforts to satisfy the country's...