中文简体
| China removes regulation on loan-to-deposit ratio | |||||||||||
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http://english.dbw.cn
2015-08-31 10:17:49
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China' s top legislature on Saturday adopted an amendment to the Law on Commercial Banks, removing a 75 percent loan-to-deposit ratio stipulation. The ratio will instead be regarded as a liquidity-monitoring indicator, according to the amendment, which was voted by the National People's Congress Standing Committee at the end of a bimonthly legislative session that started on Monday. China has kept the 75-percent ratio since the law was enacted and put into effect in 1995. The amendment will take effect on Oct. 1. |
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| Author： Source： xinhua Editor： Yang Fan |
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