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Results 1 - 10 of 25 for pboc

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  1. PBOC issues 100b yuan in notes to curb lending growth

    Posted Jul 25th 2009, 12:00am by Staff Reporter

    ... months despite some 'gentle' attempts by the PBOC to mop up liquidity. President Hu Jintao told top decision-makers in a Politburo meeting on Thursday the country would maintain its ...

  2. PBOC aiming for moderate growth in lending by banks

    Posted May 12th 2009, 12:00am by Denise Tsang

    ... International (Hong Kong) economist Sun Mingchun expected the PBOC to keep interest rates unchanged for the rest of the year, because of ample liquidity. Economists said the central bank's loose ...

  3. Hot money inflow continues, PBOC data shows

    Posted Aug 20th 2008, 12:00am by Staff Reporter

    ... Zhaohui agreed the data suggested hot money must have been pouring into the mainland, perhaps explaining why the PBOC surprisingly released the data a month sooner. Jiangnan Securities research ...

  4. US won't sway yuan policy, says PBOC

    Posted Dec 12th 2006, 12:00am by Jamil Anderlini

    ... Jamil Anderlini in Beijing China will greet this week's visit by a high-powered United States economic delegation very positively but the country will not allow its currency policy to be influenced by external pressure, the People's Bank of China (PBOC) said yesterday. 'We are preparing to respond very positively,' the central bank's governor, Zhou Xiaochuan, said ...

  5. Second interest rate cut in month

    Posted Jul 06th 2012, 12:00am

    ... for one-year deposits will fall by 25 basis points to 3 per cent. The cuts are effective today. Earlier this month, the PBOC cut rates for the first time since 2008 to spur a flagging economy. Both ... Raymond Yeung, an economist at ANZ Bank, adding that the PBOC 'could still have room to lower rates further if it keeps inflation in check'. The PBOC's cut adds to fears ...

  6. If you want a financial guard dog to bite, don't feed it with hot money

    Posted Dec 05th 2010, 12:00am by Jake Van Der Kamp

    ... requirement imposed by the PBOC on commercial banks has been raised steadily to a thumping 18 per cent. Surely this should be enough to slow down the hot money circle? Surely not. The PBOC has broken the rules. It has not left the money untouched. There is at present a huge inflow of US dollars from the trade and investment surplus and the PBOC uses the statutory reserves to buy up these US ...

  7. Banks told to keep closer watch on lending growth

    Posted Jul 14th 2009, 12:00am by Staff Reporter

    ... lenders to 'enhance lending management' while supporting the economic recovery, according to remarks released by the PBOC yesterday. Mr Li's comments indicate that subtle changes ... of the first signs that the PBOC, which has been the main driver of the lending spree, is starting to favour a loan slowdown and is beginning to agree with the China Banking Regulatory Commission, ...

  8. Central bank lifts reserve ratio to 10.5pc

    Posted Apr 06th 2007, 12:00am by Cary Huang

    ... Cary Huang and Jane Cai in Beijing PBOC moves to tighten money supply China's central bank will require banks to increase their reserves, a move aimed at tightening money supply amid ... and central bank officials about the need to further tighten the screws after recent economic data suggested growth was speeding up. The PBOC said it would work to control liquidity in the banking ...

  9. Six big banks to set aside more reserves

    Posted Oct 12th 2010, 12:00am by Staff Reporter

    ... the sources said. The PBOC and bank spokespeople declined to comment. An increase in the reserve requirement ratio would be more lenient than an interest rate rise widely anticipated since ... Ting, an economist with Bank of America Merrill Lynch, said: 'This [selective increase] means there will be no interest rate hike in the short term. The PBOC will continue to focus ...

  10. Greater interest rate freedom forces banks to shift focus

    Posted Jun 12th 2012, 12:00am

    ... since 2008, what caught bankers' attention was the central bank's first baby step towards freeing up the interest rate market. The PBOC said it was freeing banks to set deposit rates ... of the reform, the deposit rate did not actually fall. While the one-year benchmark deposit rate set by the PBOC fell 25 basis points to 3.25 per cent, Industrial and Commercial Bank of China used its ...




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