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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.
August01,2019
China to earmark RMB2 bln annually to support pilot cities for private, SMBs financial services reform
China will earmark two billion yuan annually for pilot cities to conduct comprehensive financial services reform for private and small- and micro-businesses (SMBs), reported Shanghai Securities News Monday.
July30,2019
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