Benchmark rates may stay stable2023-09-20
China is expected to keep its benchmark lending rates unchanged on Wednesday, experts said, adding that there is still ample space for policymakers to further step up monetary policy easing in the following months.

PBOC cuts bank reserve ratio again to aid recovery2023-09-15
The People's Bank of China, the country's central bank, announced on Thursday the second cut to the reserve requirement ratio this year, signaling that policymakers are decisively ramping up stimulus to reinforce the pickup in economic momentum, experts said.

China's yuan loans expand amid stable economic recovery2023-09-12
China's outstanding yuan-denominated loans expanded sharply in August, in a new sign of sustained economic momentum after the government rolled out a slew of pro-growth measures.

China's big lenders to lower rates on existing first-home loans2023-09-08
China's four state-owned commercial banks announced Thursday that they will cut interest rates on existing mortgages for first-home loans.

Bank of China transacts first direct investment in yuan in Argentina2023-08-31
The Buenos Aires branch of the Bank of China on Wednesday transacted the first direct investment in yuan in Argentina, marking a new milestone in the incorporation of China's currency as an asset in the South American country.

Bank of China reports accelerated growth in domestic yuan-denominated loans in H12023-08-31
Bank of China saw accelerated growth in domestic yuan-denominated loans in the first half of the year, according to the bank on Wednesday.

Banks boost services for private businesses2023-08-30
A dozen Chinese banks, mostly major ones, have rolled out detailed measures to support the development of private enterprises, against the backdrop of Chinese authorities' ramped-up efforts to boost the private sector.

China to improve financial transfer payment system2023-08-30
China will further improve its financial transfer payment system, according to a report from the State Council.

Renminbi continues march to eventual globalization2023-08-25
Internationalization of the renminbi, also known as the yuan, has been advancing steadily, with an increasing share in global payments as solid proof of the phenomenon, said experts.

China's one-year LPR drops Monday2023-08-21
China's loan prime rate (LPR), a market-based benchmark lending rate, saw its one-year rate come in at 3.45 percent on Monday, down from the previous reading of 3.55 percent, according to the National Interbank Funding Center.

China cuts interest rates of MLF, reverse repos2023-08-15
China's central bank on Tuesday cut the interest rates of the medium-term lending facility (MLF) and reverse repos, as part of efforts to strengthen counter-cyclical adjustment and stabilize market expectations.

China's yuan loans grow by 345.9 bln yuan in July2023-08-12
China's yuan-denominated loans rose by 345.9 billion yuan (about 48.32 billion U.S. dollars) in July, central bank data showed Friday.

China's banking wealth management market expands in H12023-08-06
China's banking wealth management market grew steadily in the first half of the year, according to the China Banking Wealth Management Registration and Depository Center.

Bank of China opens branch in Pakistan's capital Islamabad2023-08-02
The Bank of China (BOC) opened its branch in Pakistan's federal capital Islamabad on Monday to further expand its business network in the South Asian country.