People's Bank of China
China lowers minimum down payment for commercial housing mortgages
The People's Bank of China (PBOC) and the National Financial Regulatory Administration (NFRA) have adjusted the minimum down payment ratio for commercial housing mortgages to no less than 30 percent.
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PBOC expands carbon reduction facility for green transition
The People's Bank of China (PBOC) has expanded the scope of its Carbon Emission Reduction Facility (CERF).
Central bank lending for sci-tech innovation increased by RMB400 billion
The People's Bank of China (PBOC) has increased its central bank lending quota for sci-tech innovation and technological upgrading by RMB400 billion, bringing the total to RMB1.2 trillion.
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PBOC expands lending for rural, small businesses and private firms
The People's Bank of China has increased its central bank lending quota for rural development and micro and small businesses by RMB500 billion and established a new RMB1 trillion lending facility for private enterprises.
China's central bank cuts key lending and discount rates by 25 basis points
The People's Bank of China has cut its central bank lending and central bank discount rates by 25 basis points.
Pan Gongsheng warns of cross-sector risks at Asia-Pacific meeting
People's Bank of China Governor Pan Gongsheng highlighted growing cross-sector financial risks at the 20th EMEAP Asia-Pacific High-level Meeting on Banking Supervision in Tianjin.
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