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

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

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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