在线国产一区二区_成人黄色片在线观看_国产成人免费_日韩精品免费在线视频_亚洲精品美女久久_欧美一级免费在线观看

Year-ender: Major financial news of China

chinadaily.com.cn | Updated: 2019-12-23 06:40
Share
Share - WeChat

Central bank cuts the reserve requirement ratio three times

Lowering the banks' reserves will inject about 280 billion yuan ($41.23 billion) for long-term usage. [Photo/IC]

China's central bank, the People's Bank of China, cut the reserve requirement ratio three times within the year to bolster the economy.

China's central bank announced on Sept 6 it would cut the reserve requirement ratio for financial institutions by 50 basis points from Sept 16.

The People's Bank of China also announced on May 6 it would cut the reserve requirement ratio, or RRR for small and medium commercial banks starting on May 15.

After the cut, the RRR for about 1,000 rural commercial banks that operate in counties will be 8 percent, down from the current level of 10 percent to 11.5 percent for small-sized banks, according to the central bank.

Lowering the banks' reserves will inject about 280 billion yuan ($41.23 billion) for long-term usage. And the freed fund will be used for providing more loans to private, micro and small companies, the bank said in a statement.

That will further reduce funding cost for micro and small companies. It is also an implementation of the State Council's pledge to set up a lower RRR policy framework for small and medium-sized banks, according to the statement.

On Jan 4, the PBOC decided to cut the reserve requirement ratio by 1 percentage point in a move to increase loan funding sources of small, micro, and private businesses.

|<< Previous 1 2 3 4 5 6 7 8 9 10 11 12 Next   >>|
Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 国产欧美综合一区二区三区 | 91免费看片网站 | 中文字幕高清在线 | 国产欧美日韩综合 | 国产网站在线 | 久操福利视频 | 国产九九九 | 亚洲精品国产一区 | 簧片在线免费观看 | 欧美精品在线看 | 一级黄视频 | 亚洲免费视频一区 | 五月天婷婷综合网 | 亚洲视频三区 | 欧美一级淫片免费视频魅影视频 | 22精品一区二区三区 | 亚洲 欧美 日韩 在线 | 亚洲精品三级 | 一区二区免费视频 | 成人午夜激情 | 欧美日韩在线播放 | 午夜久久| 999av| 91国产丝袜在线播放 | 国产日韩欧美 | av天天操| 国产三级在线免费观看 | 国产欧美成人 | 在线亚洲天堂 | 国产精品无 | 国产日韩精品一区二区 | 一级片在线观看视频 | 久久久免费看 | 在线免费观看黄色片 | 亚洲成人二区 | 国产区一区 | 日韩欧美国产高清91 | 黄色大片免费在线观看 | 91福利网 | 国产黄a三级 | 国产人成一区二区三区影院 |