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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 central bank lowers re-lending rate for small enterprises
China's central bank will cut re-lending interest rates for small and micro enterprises by 50 basis points as part of a broader policy package to ease the financial strain on small firms.
June26,2018
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