Banking (General) Archives - Page 4 of 56 - Trivium Finance Regs - China financial regulations

Issuance of special-purpose bonds to recapitalize banks surges in 2023

Xiaorui Zhang
Posted on June 15, 2023

Sluggish credit growth and a slowdown in bad loan disposals meant banks had little need to recapitalize last year. However, the rapid expansion of credit in Q1, plus expectations that banks may have to lend more to support the economic recovery, means some banks now need to recapitalize…

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Former PBoC deputy governor charged with corruption

Xiaorui Zhang
Posted on June 14, 2023

Rooting out good old-fashioned bribery and influence-peddling is still at the top of the Party’s agenda. But investigations are increasingly focused on officials’ failure to pursue the Party’s interests, such as ensuring finance serves Beijing’s development priorities…

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PBoC cuts reverse repo rate

Xiaorui Zhang
Posted on June 14, 2023

Taken in isolation, a 10 bps cut in the reverse repo rate won’t significantly impact bank funding costs or loan demand, but it sends a strong signal to the markets that policymakers want borrowing costs to fall…

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Regulators set caps on some bank deposit rates in latest move to discourage saving

Xiaorui Zhang
Posted on May 24, 2023

Beijing wants to achieve multiple goals simultaneously, and is hoping for less money sitting in digital bank vaults and more cash flowing into consumption and the capital markets, lower borrowing costs for companies, and protection of banks’ net interest margins and profits…

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Central Financial Commission names new deputy director

[email protected]
Posted on May 23, 2023May 23, 2023

We don’t know a lot about Wang, but will be following him closely in his new position of power.

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April credit data shows borrowing falters as households deleverage

Leon Reilly
Posted on May 16, 2023May 16, 2023

This is a shockingly bad credit print. The numbers were around half consensus forecasts. A pullback…

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Industry body reportedly calls on banks to cut deposit rates

Jibingxin Han
Posted on April 26, 2023April 26, 2023

The elevated savings rate is a symptom of households’ low confidence about the future and expectations that capital or property markets will not provide better returns. A modest decline in deposit rates, however, is unlikely to …

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PBoC offers reassurance about divergence in M1 and M2 growth

Jibingxin Han
Posted on April 26, 2023April 26, 2023

The M1-M2 divergence signals that some of the money being created isn’t being used. Banks are under pressure to lend, but there aren’t enough takers, so they may be dishing out loans to accommodating state-owned enterprises who then just sit on the money. The PBoC may …

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PBoC convenes Q1 monetary policy meeting

Jibingxin Han
Posted on April 19, 2023

Doing more to channel financing to the private sector could go a long way toward stimulating growth – and top leadership, notably Premier Li Qiang, has…

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Yi Gang highlights PBoC’s monetary and financial policy successes, lays out goals

Alex Yang
Posted on April 11, 2023

Yi’s message is straightforward enough: The PBoC is doing a solid job stewarding the economy, and there is little reason for any major course change…

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Banking (General)

Issuance of special-purpose bonds to recapitalize banks surges in 2023

Former PBoC deputy governor charged with corruption

PBoC cuts reverse repo rate

Regulators set caps on some bank deposit rates in latest move to discourage saving

Central Financial Commission names new deputy director

April credit data shows borrowing falters as households deleverage

Industry body reportedly calls on banks to cut deposit rates

PBoC offers reassurance about divergence in M1 and M2 growth

PBoC convenes Q1 monetary policy meeting

Yi Gang highlights PBoC’s monetary and financial policy successes, lays out goals

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