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  • September 22, 2014
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Results 1 - 6 of 6 for pboc

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  1. PBOC okays Jianyin aid bonds

    Posted Jul 16th 2005, 12:00am by Staff Reporter

    ... Alice Yan and Bei Hu Central bank approves 10b yuan sale of debentures to finance restructuring and stabilising of undisclosed ailing brokerages The mainland's central bank has cleared China Jianyin Investment to sell debentures to the tune of 10 bil ...

  2. Battered mainland brokerages cling to hope of bank-loan lifeline

    Posted Jul 02nd 2005, 12:00am by Mark O'Neill

    ... Rumours have been circulating in the market for several months that the government is to set up an investor protection fund of 60 billion yuan. On June 12, the People's Bank of China (PBOC ... will improve the supervision of brokerages and their managers. We will give the proper policy support and encourage the expansion of good companies,' he said. In its announcement, the PBOC made ...

  3. Bocom dumps NPLs to boost listing prospects

    Posted Jul 03rd 2004, 12:00am by Staff Reporter

    ... Bei Hu A PBOC loan allows asset manager to take on 41b yuan in doubtful debt Bank of Communications (Bocom) has completed a multi-billion-yuan sale of non-performing loans, easing the way ... month at about the same time that Cinda bought a combined 278.7 billion yuan of NPLs- also with PBOC financing- from the Bank of China and China Construction Bank to prepare them for public ...

  4. CCB given 65.4b yuan fund pledge

    Posted Jun 14th 2005, 12:00am by Staff Reporter

    ... injection in late 2003. On top of that, a 64.45 billion yuan People's Bank of China (PBOC) loan financed China Cinda Asset Management's acquisition of CCB's NPLs with a face value ...

  5. Bocom investors' woes deepen

    Posted Jul 13th 2004, 12:00am by Mark O'Neill

    ... did not have an adequate understanding of how dangerous it was.' Both Mr Fang and the PBOC economist agreed with the bank, which argued that it was acting only as an agent for Jin Xin ... branch of the CBRC. 'Shanghai regulators found it very difficult to monitor the products that Jin Xin sold in Shanghai and investors were subject to a substantial risk,' the PBOC ...

  6. ICBC prepares bad-loan sale

    Posted Apr 27th 2005, 12:00am by Staff Reporter

    ... it guaranteed for the problem loans under auction. PBOC granted Cinda a loan equal to 50 per cent of the nominal value of the BOC and CCB loans- precisely what Cinda paid for them. Meanwhile, ...



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