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  1. Mid-sized lenders ask regulators to ease deposit ratio

    Posted Mar 15th 2012, 12:00am

    ... George Chen in Shanghai and Lulu Chen in Beijing Mid-sized mainland banks have urged the industry's regulator to ease loan-to-deposit ratios as they struggle to attract deposits and expand lending amid the broader economic slowdown. The banking regulator has set the loan-to-deposit ratio (LDR) for all commercial lenders at 75 per cent, which means they can lend no more than ...

  2. Rise in deposits mooted to cool property prices

    Posted May 12th 2006, 12:00am by Staff Reporter

    ... Vivian Wu Central bank may raise downpayments to 50pc, report says China's central bank is considering plans to require bigger deposits for housing loans as a way to rein in soaring property prices. Quoting an anonymous banking source, the 21st Century Business Herald reported yesterday that the People's Bank of China (PBOC) was considering raising the minimum downpayment ...

  3. Low-end delta factories gain reprieve on deposits

    Posted Sep 06th 2007, 12:00am by Denise Tsang, Enoch Yiu

    ... to pay cash deposits of up to 100 per cent when buying 1,853 types of raw materials such as plastics and metals. Under the revamped rule, they will be allowed to settle the deposit with a letter of credit, bank guarantee, or other unspecified payment instead of cash. The deposits, although refundable, would have meant locking up cash resources- a severe imposition for many small businesses. ...

  4. Bank rates cut for first time in four years

    Posted Jun 08th 2012, 12:00am

    ... reform. The People's Bank of China cut rates by 25 basis points for 12-month lending and deposit interest rates starting from today to counter a deepening economic slowdown as the euro-zone ... banks to offer a premium on top of the benchmark interest rate for deposits was a strong signal Beijing is making room for interest rate liberalisations. In the past, banks could offer deposit ...

  5. More of the poison may provide cure

    Posted May 18th 2012, 12:00am

    ... to increase bank lending, as banks' hands have been tied because of their thinning deposit base. Depositors have been shifting their money into wealth management products as bank deposit interest ... its slowing economy. Mainland banks' bad loans increased for a second quarter, the first time in about six years, according to the China Banking Regulatory Commission (CBRC). ...

  6. Serious financial gains

    Posted Nov 01st 2004, 12:00am by Staff Reporter

    ... It is time to eat some humble pie. Days after we predicted that Beijing would make it to the end of the year without needing a significant rise in interest rates, the People's Bank of China raised the benchmark one-year deposit and lending rates by 0.27 percentage points. An increase of this magnitude is likely to have only a modest impact on the economy. Much more important ...

  7. Confusion over start to offshore yuan scheme

    Posted Aug 03rd 2011, 12:00am

    ... the yuan, widening the access of offshore yuan deposits to the mainland market. But economists say the banking authorities will slow the pace this year as they worry about inflation. At the end ... Daniel Ren in Shanghai ren.wei@scmp.com Mainland banking circles were thrown into brief confusion yesterday after the official Shanghai Securities News reported that the People's Bank ...

  8. Small lenders boom on mainland

    Posted Jun 04th 2012, 12:00am

    ... deposit rate offered by mainland banks and 3 to 4 per cent yield from treasury bonds. 'The interest rates on bank deposits and bonds are now minimal as prices of almost everything have risen ... cent from a year ago to 369 billion yuan (HK$449 billion), according to the People's Bank of China. The Yangs' decision helps to explain the decline in deposits at mainland banks ...

  9. New curbs point to central bank being serious this time

    Posted Dec 10th 2007, 12:00am by Staff Reporter

    ...'s announcement at the weekend to raise commercial banks' deposit ratio by one percentage point is the first warning shot of many tougher measures in the coming months. The rise in the amount of cash banks must set aside as reserves- the 10th time this year- means that banks must set aside 14.5 per cent of their deposits, the highest reserve ratio they have been required to meet since 1987. ...

  10. Beijing moves to let rural credit companies upgrade into banks

    Posted Oct 25th 2007, 12:00am by Tom Miller

    ... the central bank launched a policy allowing private investors to finance lending companies that were not permitted to take savings deposits. The scheme was designed to inject fresh capital and market ... Tom Miller in Beijing Small rural credit companies will be allowed to restructure into fully fledged banks under plans being considered by the banking regulator, as Beijing presses ahead ...




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