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Wednesday, November 25, 2020
Tags Required reserve ratio cut

Tag: Required reserve ratio cut

State Council Flags RRR Cut Targeting Joint Stock Banks to Help Deal with Coronavirus Impacts

The State Council has flagged the use of targeted cuts to China's reserve requirement ratio (RRR) to help prime the Chinese economy...

Bond Defaults Could Prompt Further Cuts to China’s Reserve Ratio Before Year’s End

Chinese analysts say the People's Bank of China could undertake further cuts to the required reserve ratio before the end of 2018 should corporate...

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Structured Deposits of Chinese Banks See Record Drop of over 1 Trillion Yuan in October

Structured deposits at Chinese banks have posted a record monthly drop for 2020 in October after rising to unprecedented levels earlier in...

Ningbo Launches Trials of Blockchain-driven Insurance Claims System

The Zhejiang-province port city of Ningbo has kicked off trials for the use of blockchain technology to automate the processing of insurance...

PBOC Steps up Pressure on Chinese Payments Platforms with Doubling of Penalty Amounts

The Chinese central bank has heightened its scrutiny of the payments sector with a sharp increase in the value of penalties imposed...

China Construction Bank Withdraws from Digital Bond Issuance Due to “Over-excitement” in Cryptocurrency Circles

One of China's big six state-owned banks has withdrawn from plans to issue digital bonds in collaboration with a digital assets exchange...