Tuesday, October 20, 2020
Tags Reserve ratio reduction

Tag: Reserve ratio reduction

PBOC Reports Rumours of April Fool’s Day Reserve Cut to Public Security Authorities

The People's Bank of China (PBOC) has denied reports claiming that it reduced the reserve ratio on the first of April.

Is PBOC Reviving Use of Reserve Ratio Adjustments as Liquidity Management Tool?

Wang Tao (汪涛), chief economist for UBS China, says that Beijing's recent decision to reduce the reserve ratio requirement for some Chinese lenders is...

PBOC’s Reserve Ratio Cut Will Release 1 Trillion Yuan in Liquidity: CICC

The chief economist of China International Capital Corporation says that the Chinese central bank's recent decision to reduce the reserve requirement ratio in order...

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Chinese Central Bank Overhauls Commercial Banking Law

The People's Bank of China (PBOC) has unveiled a broad raft of proposed changes to China's commercial banking law.

Ant Group Raises Target Valuation to USD$280 Billion

Chinese fintech giant Ant Group plans to raise the target value for its IPO to USD$280 billion according to sources.

Postal Savings Bank of China Enters Comprehensive Strategic Cooperative Agreement with JD.com’s Fintech Subsidiary

One of China's big six state-owned banks has entered a strategic cooperative agreement with the fintech subsidiary of a leading Chinese e-commerce...

Foreign Companies Will Not Flee China Despite Impacts of COVID-19 on Global Economy: Deputy IMF Director Zhu Min

One of China's leading economists says that the COVID-19 pandemic and its related impacts will not compel foreign companies to withdraw from...