Free Trial

The China Banking Regulatory............>

CHINA PRESS
CHINA PRESS: The China Banking Regulatory Commission on Wednesday set new
capital adequacy guidelines for the government's three policy banks, the
Financial News, a journal run by the People's Bank of China, reported Thursday.
The three policy banks -- the China Development Bank, the Export-Import Bank of
China, and the Agricultural Development Bank of China -- have been highly
reliant on bond issuance due to a lack of other stable and low-cost capital
sources, which harms their capacity to withstand risks and restrains their
sustainable growth, the report said. This is the first time the government has
imposed a capital requirement on the policy banks, the report noted. (Financial
News)

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.