www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Policy Watch

Rule that restricts bank loans to 75% of deposits to end

(Agencies) Updated: 2015-06-25 07:19

Rule that restricts bank loans to 75% of deposits to end

A bank employee prepares bank notes. The State Council moved to scrap a rule that caps lending by commercial banks at 75 percent of their deposits, a measure that will increase the supply of cash in the financial system. [Photo/China Daily]

The State Council, China's cabinet, moved to scrap a rule that caps lending by commercial banks at 75 percent of their deposits, a measure that will increase the supply of cash in the financial system.

It will propose amending the nation's banking law to make the limit a ratio used for reference rather than a regulatory statute, according to a statement posted to its website on Wednesday.

A system will be set up to monitor the liquidity of banks based on the ratio, it added. Changes to the law need to be approved by the Standing Committee of the National People's Congress.

Premier Li Keqiang is trying to reshape a State-run banking industry that has $29 trillion of assets, almost twice the amount of its United States counterpart. Deregulating interest rates and easing regulatory controls are part of his efforts to support long-term growth by giving markets a bigger role in the economy.

The shake-up is coming five years after the nation completed the stock market listings of the last of its dominant big-four banks, which include the Industrial & Commercial Bank of China. The law limiting lending to 75 percent of deposits has been in place since 1995.

While the loan-to-deposit level for the industry was 66 percent in March, and the China Banking Regulatory Commission eased the requirement last year by changing the method of calculation, it remains a constraint for some listed lenders. Bank of Communications Co's ratio was about 74 percent in March, while China Construction Bank Corp's was 72 percent.

Wu Xiaoling, a former central bank deputy governor, has argued that the ratio and State-imposed quotas for lending have undermined banks' abilities to manage their assets and liabilities, and led to distortions such as the use of illegally obtained deposits to boost lending.

In November, Li said that the government would make the ratio more flexible, while the banking regulator said it was seeking to revise the banking law.

The central bank has sought to reduce some of the stresses in the financial system with three reductions to the benchmark interest rate since November and two cuts in lenders' reserve requirements this year.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 一区二区三区在线免费观看视频 | 欧美成人毛片一级在线 | 最新版天堂资源中文官网 | 久久综合精品国产一区二区三区无 | 中文在线三级中文字幕 | 久久99精品久久久久久秒播 | 在线成人精品国产区免费 | 久久免费高清视频 | 特级aaaaaaaaa毛片免费视频 | 久久久久国产精品免费网站 | 亚洲一级香蕉视频 | 亚洲网站视频 | 三级国产精品一区二区 | 久久一区视频 | 日韩美女专区中文字幕 | 性久久久久久久久 | 久久一日本道色综合久 | 欧美在线一级毛片观看 | 亚洲 欧美 精品 中文第三 | 亚洲成a人v在线观看 | 日本人一级毛片免费视频 | 一级做性色a爰片久久毛片 一级做性色a爰片久久毛片免费 | 国产亚洲视频在线播放大全 | 免费观看性欧美一级 | a一级 | 国产亚洲精品国看不卡 | 国产乱淫视频 | 97久久天天综合色天天综合色 | 男人的天堂中文字幕 | 高清性做爰免费网站 | 131的美女午夜爱爱爽爽视频 | 国产在线观看免费人成小说 | 欧美中文在线 | 国亚洲欧美日韩精品 | 国产精品国产三级国产在线观看 | 精品免费久久久久久成人影院 | 日韩成人三级 | 欧美一级毛片在线看视频 | 国产精彩视频在线 | 免费一级毛片在级播放 | 久草在线视频在线 |