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Bookmark or Share- PBOC to Cut RRR and Interest Rates on Central Bank Lending and DiscountsIn order to consolidate and strengthen the upward trend of economic recovery, the People’s Bank of China (PBOC) is set to cut the required reserve ratio (RRR) for financial institutions by 0.5 percentage points (excluding the financial institutions that have already implemented an RRR of 5 percent), which will be effective from February 5, 2024.
- Notice of PBOC, NFRA and CSRC on Launching the Central Bank Lending ...Listed companies and major shareholders eligible for the support may apply for the loan at any of the 21 national financial institutions, including the China Development Bank, policy banks, state-owned commercial banks, the Postal Savings Bank of China, and joint-stock commercial banks.
- Monetary Policy - People's Bank of ChinaContact Us. E-mail: webbox@pbc.gov.cn Tel: 86-10-66194114 Add: No.32 Chengfang Street, Xicheng District, Beijing 100800, P.R.China.
- 2024 Annual Conference of China Society for Finance and Banking & China ...This is a translation prepared by the PBC's staff based on the Chinese version. CBDC The series publishes speeches and policy research papers on Central Bank Digital Currency by the PBC management and staff members.
- China Monetary Policy Report Q1 2024 - People's Bank of ChinaFirmly following the path of financial development with Chinese characteristics, the PBOC will speed up efforts to build China into a financial powerhouse, develop a modern central banking system, and work hard to promote high-quality development.
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