TITLE

Rule Change by China's Central Bank Paves Way For Increased Lending

PUB. DATE
January 2015
SOURCE
CFO Innovation Asia;1/7/2015, p1
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the decision by the People's Bank of China to ease the rules for calculating bank loan-to-deposit (LTD) ratios in 2015, which is expected to lead to increased bank lending, according to statistical rating organization, Fitch Ratings Ltd. It says that the move will reaffirm the concern of Fitch over Chinese bank asset quality and the risk from rapid credit expansion if the decision leads to another round of monetary stimulus and easing credit conditions.
ACCESSION #
110802325

 

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