arrow_first

China mulls abandoning loan-to-deposit ratio rule

Regulatory roundup: China mulls abandoning loan-to-deposit rule; Hong Kong licenses Goldman Sachs subsidiary; China cancels shipping fees.

China mulls abandoning loan-to-deposit ratio rule
China may remove the 75% loan-to-deposit ratio requirement on commercial banks, according to draft proposals discussed during the bi-monthly legislative session starting on 24 August, reported Xinhua. Shang Fulin, chairman of China Banking Regulatory Commission, said the requirement is no longer suitable for commercial banks and would help boost the real economy.

Sign-in to access CorporateTreasurer content.

Please sign in to your subscription to unlock full access to our premium CT resources.

Free Registration & 7-Day Trial

Register now to enjoy a 7-day free trial. Click the link to get started.

Note: This free trial is a one-time offer. You are eligible for one free trial per year.

If you are a treasurer, CFO or senior finance professional at a corporate, please register to the website here.

Questions?

If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.
© Haymarket Media Limited. All rights reserved.
Sign up for CorporateTreasurer’s Newsletter
Top news, insights and analysis every Tuesday & Thursday
Free registration gives you access to our email newsletters
Become a CorporateTreasurer Subscriber
for unlimited access to all articles, newsletters