无码中文字幕一Av王,91亚洲精品无码,日韩人妻有码精品专区,911亚洲精选国产青草衣衣衣

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Finance

Top banking regulator sets new rules on 3 banks

By Jiang Xueqing | chinadaily.com.cn | Updated: 2017-11-15 20:46

China's top banking regulator launched new rules on three State-owned policy banks on Wednesday, requiring them to establish a capital restraint mechanism with the capital adequacy ratio as a core regulatory indicator.

The strengthening of capital supervision aims to help the three banks, namely China Development Bank Corp, the Export-Import Bank of China and Agricultural Development Bank of China, improve their ability to prevent and hedge risk, said Xu Qinghong, deputy head of the policy banks supervision department at the China Banking Regulatory Commission.

In principle, the regulatory authority will set requirements on capital adequacy ratios for the three policy banks by taking reference of the requirements on commercial banks, Xu said.

The CBRC also required CDB and China EximBank to strengthen management of country risks, compliance risks and overseas lending risks while they support Chinese companies expanding their business globally.

CDB has six representative offices overseas, and China EximBank had three representative offices abroad, plus a branch in Paris, as the end of 2016.

Both banks should step up compliance management, completely understand the operational and financial status of their clients, strictly observe the environmental and industrial regulations of host countries, and strengthen communication with local regulators, said Zhou Minyuan, head of CBRC's policy banks supervision department.

As of the end of September, total assets of the three policy banks reached 25.12 trillion yuan ($3.79 trillion). The banks extended loans of 1.42 trillion yuan to projects related to the Belt and Road Initiative, which aims to promote the connectivity of the Asian, European and African continents and their adjacent seas, and 2.36 trillion yuan to support Chinese companies going global.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US