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Agricultural Development Bank of China
Policy

PBOC adds RMB50 bln relending quota to support loans to SMBs, private firms by small banks

August 01, 2019


Abstract : Chinese central bank, the People’s Bank of China (PBOC) announced Wednesday it decided to add 50 billion yuan of relending to small and medium-sized banks to support their loans for small and micro businesses (SMBs) and private firms.

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Keyword: PBOC relending SMBs

Reading:

China to earmark RMB2 bln annually to support pilot cities for private, SMBs financial services reform

CDP chooses the banks for its first Panda Bond

Cross-border RMB settlement of China’s Jiangxi with partners along B&R reaches RMB56.5 bln

Economic Watch: China increases opening-up efforts in credit rating, bond market

China's central bank injects liquidity into market

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