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Interest-Rate Liberalization
PBOC takes more steps to liberalize interest rates2014-06-26
Lenders may offer as much interest as they wish for small-scale foreign currency deposits in Shanghai from June 27, said People's Bank of China Shanghai Head Office on Thursday, in a step aimed at further liberalizing interest rates in the country.
CD liberalization 'a step forward'2014-05-27
The People's Bank of China will allow commercial banks to offer large-denomination certificates of deposit to individuals and companies, a further step to free up interest rates, The Wall Street Journal reported.
Central bank to focus on deposit rate reform2014-03-23
China's central bank will focus on liberalizing bank deposit rates over the next two years, while loosening its grip on the yuan currency to give greater influence to market forces, a vice governor of the People's Bank of China said on Saturday.
Rates to be fully freed in 2 years2014-03-12
China will lift all controls over interest rates in two years to follow up on its top leaders'announcement last November that they will allow the market to play a"decisive role"in the nation's economic development.
China trials new interest rate reform2013-12-10
China's new guideline on deposit certificates in the interbank market became effective on Monday, with the latest edition of the Shanghai Securities News hailing this as a major trial in pushing interest rate liberalization.
140 96副本副本.jpg Central bank OKs sales of interbank CDs2013-12-10
New instrument will allow market forces to have greater influence in determining interest rates.
'Move faster' to free deposit rates2013-11-27
China is going to accelerate the freeing up of deposit interest rates, said the chief of the People's Bank of China at a forum on China-France financial cooperation on Tuesday.
China will further liberalize interest rates: official2013-11-26
China is considering measures to further liberalize interest rates, especially deposit rates, the country's central bank governor said on Tuesday.
China to launch new vehicle towards freeing interest rates2013-11-22
China will soon introduce negotiable certificates of deposits(NCDs)on the interbank market, announced Pan Gongsheng, vice governor of China's central bank, on Friday.
Market-based interest rates on track2013-10-26
China yesterday published loan rates based on quotes from banks as it takes a further step toward establishing a market-based interest rate system.
未标题-1.jpg China unveils more market-oriented lending rate2013-10-25
China's central bank on Friday announced the launch of Loan Prime Rate(LPR), a new benchmark lending rate for commercial banks designed to make interest rates more market-oriented.
Relax deposit rates in 2015: Minsheng head2013-09-12
China should consider lifting controls on deposit rates in 2015, when the preconditions for that move will be in place, the head of the nation's largest privately owned bank suggested.
PBOC ready to liberalize deposit interest rates2013-08-20
China's central bank governor Zhou Xiaochuan said Monday the economy will not post persistent slowdowns, indicating the bank is ready to free the long-awaited deposit interest rates to fully liberalize the financial market.
Zhou: Interest rate liberalization on course2013-08-19
Central bank governor Zhou Xiaochuan said on Monday that all is on course to liberalize interest rates.
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