People's Bank of China
China mandates clear disclosure of personal loan costs
The National Financial Regulatory Administration (NFRA) and the People's Bank of China (PBOC) have jointly issued new provisions mandating clear disclosure of overall financing costs for personal loan business.
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DBS appointed as second RMB clearing bank in Singapore
PBOC Governor Pan Gongsheng and DBS Group CEO Tan Su Shan met on March 22, 2026, to discuss bilateral financial cooperation.
PBOC and Bank of Mongolia Governors Discuss Bilateral Cooperation
Pan Gongsheng, Governor of the People's Bank of China, met with Narantsogt Sanjaa, Governor of the Bank of Mongolia, on March 23, 2026.
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PBOC and IMF leaders discuss global economy and cooperation
Governor Pan Gongsheng of the People's Bank of China met with Dan Katz, First Deputy Managing Director of the International Monetary Fund (IMF) on March 23, 2026.
China's high-quality development drives global economic rebalancing
People's Bank of China Governor Pan Gongsheng outlined China's high-quality development strategy and its contribution to global economic rebalancing at the 2026 China Development Forum.
China's Aggregate Financing to Real Economy Grows 8.2 Percent
Outstanding aggregate financing to China's real economy increased 8.2 percent year on year, reaching RMB451.4 trillion at end-February 2026.
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China's financial institutions see assets grow 8.7 percent to RMB538.9 trillion
The total assets of China's financial institutions reached RMB538.86 trillion at the end of Q4 2025, marking an 8.7 percent year-on-year increase.
PBOC Deputy Governor Lu Lei discusses IDB reform and regional outlook
PBOC Deputy Governor Lu Lei attended the 2026 Annual Meeting of the IDB Group in Paraguay on March 13-14. During the meeting, he discussed IDB Group reform, the economic outlook for Latin America, and bilateral cooperation with IDB President Ilan Goldfajn.
Global economic developments and AI in banking discussed at BIS meetings
PBOC Deputy Governor Xuan Changneng attended the Bank for International Settlements (BIS) bimonthly meetings in Basel from March 7th to 9th.
Xuan Changneng details Asian central bank challenges and China's policy path
People's Bank of China Deputy Governor Xuan Changneng attended the 'Asia in 2050' conference and addressed challenges for central banks in Asia.
Pan Gongsheng details PBOC's accommodative policy and risk prevention
People's Bank of China Governor Pan Gongsheng outlined the central bank's appropriately accommodative monetary policy for 2026, emphasizing stable growth and price recovery.
PBOC authorizes Bank of China Colombo as Sri Lanka's RMB clearing bank
The People's Bank of China has authorized the Bank of China Limited Colombo Branch to serve as the Renminbi (RMB) clearing bank in Sri Lanka.