China reduces restriction on banks

Note: This section contains information in English only.
Source: Bloomberg
China allowed the country's five largest financials to boost lending in the first quarter of 2012 and PBC prepares a plan for easing capital requirements. The People's Bank of China will permit banks to increase loans by 5% compared to previous year and postpone stricter capital reserve ratio requirements, said two people familiar with matter. 
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Thu, 19 Jan 2012 09:26:49 GMT

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