日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

Top Biz News

Banks get 5-year grace period

By Zhang Ran (China Daily)
Updated: 2006-11-23 08:33
Large Medium Small
Chinese banking regulators have amended the nation's banking regulations to give foreign lenders a five-year grace period before they are required to reduce their renminbi loan-to-deposit ratio to less than 75 per cent.

According to the draft amendment to the recently released rules on foreign-funded banks, a locally incorporated foreign bank has to keep its total lending at no higher than 75 per cent of all deposits by December 1, 2011.

Related publication:

      Banks get 5-year grace period

Related readings:
Banks get 5-year grace periodYuan against US dollar falls for 5th dayBanks get 5-year grace periodForeign banks to make China move after new rules
Banks get 5-year grace periodStandard Chartered Bank to double outlets in China

The draft amendment, which has been sent to foreign lenders for comments, is likely to be released by the end of November, a source close to foreign banks told China Daily yesterday.

Although they have been successful in expanding their renminbi lending business, especially with multinational clients, their restricted branch network has limited foreign banks in terms of collecting deposits.

For that reason, many foreign banks indicated that although they have been successful in expanding their renminbi lending business, especially with multinational clients, meeting the new loan-to-deposit requirement could greatly disrupt their business.

Statistics show that foreign financial institutions in China collected 114 billion yuan (US$14.3 billion) in deposits by the end of August, while 161 billion yuan (US$20 billion) was paid out in loans during the same period.

"The criteria could be a tough request for foreign lenders if the regulator does not give them a five-year grace period," said an industry insider.

Starting from December 11, foreign banks are expected to have five years to attract enough renminbi deposits to improve their financial status to compete with local rivals under the same standards.

The rule also gave a three-year grace period before foreign banks are prevented from lending over 10 per cent of their capital to a single client.

"The money a locally incorporated foreign bank lends to a single client cannot exceed 10 per cent of its overall capital after December 1, 2009, and before that, foreign banks candnot lend over 25 per cent of their capital to a single client," it said.

According to the rule, a foreign bank that does not incorporate locally need not acquire a specific licence from the banking regulator to accept deposits over 1 million yuan (US$126,582) after December 11.

"They only need to change their business licence to deal with this," it said.

Those foreign banks are expected to appoint one of their branches to manage their business in China and to submit a consoled financial report to the regulator.

   Previous Page 1 2 Next Page  

分享按鈕
主站蜘蛛池模板: 亚洲日本天堂 | 成人日韩在线 | 欧美一级大片在线观看 | 91麻豆成人 | 韩国精品一区二区三区 | 久久久久久久久久久久国产精品 | 97爱爱视频 | 日韩每日更新 | 国产夜夜操 | 探花av在线 | 天天干天天爱天天操 | 中文字幕一区2区3区 | www.av色| 日韩久久久久久久 | 欧洲精品一区二区 | 国产精品入口麻豆九色 | 国产成人精品在线视频 | 大地资源第二页在线观看高清版 | 国产一级视频在线观看 | 国产区一区二区三区 | 亚洲天堂成人 | 日本www在线观看 | 四虎影视最新网址 | 国产精品探花视频 | 亚洲成色在线 | 懂色av懂色av粉嫩av分享吧 | 91精品一区二区三区四区 | 久久久在线 | 欧美亚洲国产精品 | 一区二区亚洲 | 日日躁夜夜躁狠狠躁 | 日韩视频在线一区二区 | 中文字幕精品三级久久久 | 精品无人国产偷自产在线 | 超碰7 | 欧美日韩视频在线播放 | 1级黄色大片儿 | 欧美精品久久久久久久久久 | 精品久久视频 | 久久理伦| 超碰2021 |