China's over-five-year loan prime rate, a market-based benchmark lending rate also known as LPR, dropped to 4.45 percent in May, down from 4.6 percent in April
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2022-05-21 22:19:04
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Chinese lenders bought $229.7 billion worth of foreign currencies and sold 210.6 billion dollars' worth in April.
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2022-05-17 23:16:02
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Among 42 A-share listed Chinese banks, 10 lenders cut the allowance for loan impairment losses to nonperforming loans in the first quarter
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2022-05-17 23:05:27
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Under the mechanism, banks are encouraged to adjust their deposit rates based on interest rates in the bond and lending markets
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2022-05-11 17:40:35
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The PBC plans a re-lending facility equivalent to 100 billion yuan ($15 billion) for the logistics and warehousing sectors
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2022-05-08 23:08:34
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provide 100 billion yuan ($15.12 billion) of relending facilities to support coal development and energy storage
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2022-05-04 22:46:42
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China's central bank on Apr.28 announced that it has established a re-lending facility worth 200 billion yuan ($30.47 billion) to boost scientific and technological innovation.
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2022-05-01 23:02:11
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Chinese lenders bought $258 billion worth of foreign currencies and sold $231.3 billion worth in March.
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2022-04-23 22:05:47
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China's one-year loan prime rate (LPR), a market-based benchmark lending rate, came in at 3.7 percent Apr.20
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2022-04-20 18:07:19
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Banks have stepped up efforts to provide more effective support to small businesses by using financial technologies and better sharing enterprise credit information among lenders and government agencies, as China endeavors to promote high-quality development of inclusive finance.
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2022-03-17 17:26:08
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Chinese financial regulators published new rules on overseas lending by domestic banks to facilitate the use of renminbi in such business and fend off risks in cross-border capital use on Jan.29.
