久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

Make me your Homepage
left corner left corner
China Daily Website

PBOC moves to avert severe credit crunch

Updated: 2013-09-27 07:07
By Yang Ziman ( China Daily)

PBOC moves to avert severe credit crunch

The People's Bank of China initiated an 80 billion yuan ($13 billion) reverse repurchase to prevent a severe credit crunch in the banking industry on Thursday.

The PBOC put 155 billion yuan into the open market during the last week in September. The bid is going to last for 14 days.

Statistics show this week, from Sept 21 to 27, the maturing central bank bills amounted to 5 billion yuan while maturing reverse repurchases stood at 18 billion yuan, putting the net credit injection at 13 billion yuan.

The central bank is unlikely to tolerate another credit crunch after the capital shortage in June that triggered an interbank borrowing frenzy, according to observers. Instead, it will use a short-term reverse repurchase measure to sustain liquidity.

"The move underlines the central bank's strategy toward the present capital condition, which is to abstain from pumping excessive funds into the industry," said Yan Yan, a senior broker at China Guangfa Bank.

Zhuang Jian, an economist at the Asian Development Bank, said: "The reverse repurchase is in line with the government's strategy to stabilize the economy and sustain the warming up of the economy. Plus a credit shortage is normal at the end of each quarter. Deposits are low because of the consumption surge triggered by the Mid-Autumn Festival and the imminent National Day holiday."

Deposits in the major four banks in China witnessed a 202 billion yuan loss in September as of Sunday, putting a dampener on the credit crunch at the end of the third quarter, Chinese media reported. The pressure on raising deposits has prompted banks to increase deposit interest rates.

China Guangfa Bank Co Ltd and China Everbright Ltd raised the mid- and long-term deposit interests by 10 percent at the beginning of the month.

China CITIC Bank International Ltd has recently raised its two-year interest rates from 3.75 percent to 4.125 percent.

Stagnant housing loans have also contributed to the capital shortage, reported the 21st Business Herald.

The loans do not look attractive to customers because many banks have failed to offer much of a discount in interest rates for first-time home buyers.

Housing loans bring relatively low profits to the portfolios of banks, said Guo Tianyong, finance professor at the Central University of Finance and Economics. As a result, it is understandable that banks squeeze housing loans when credit is tight, he added.

 
8.03K
 
...
主站蜘蛛池模板: 欧美做暖小视频xo免费 | 欧美一区二区三区免费看 | 波多野结衣视频在线观看地址免费 | 欧美不卡视频在线观看 | 男女生性毛片免费观看 | 91久久国产露脸精品 | 99精品欧美| 免费一级毛片在级播放 | 成年女人毛片免费观看97 | 一级视频在线播放 | 美国三级视频 | 九色视频在线观看免费 | 色黄啪啪18周岁以下禁止观看 | 美女一级毛片毛片在线播放 | 国产三级全黄 | 日韩中文字幕免费 | 91精品久久久久久久久网影视 | 久草免费在线播放视频 | 国内精品伊人久久久久妇 | 蜜桃欧美性大片 | 国产成人精品一区二区三区 | 欧美日韩综合网在线观看 | 成人在免费观看视频国产 | 国产亚洲精品自在久久77 | 全部免费国产潢色一级 | 夜色成人性y | 男女视频在线观看 | 黄色毛片国产 | 热e国产 | 亚洲国产成人久久三区 | 久久久久久免费视频 | 欧美性欲视频 | 草久网| 色偷偷亚洲女人天堂观看欧 | 国产成人www免费人成看片 | 欧美日本一道道一区二区三 | 久久88香港三级 | 另类zoofilia杂交videos | 日本韩国台湾香港三级 | 国产免费久久 | 一级毛片在线免费观看 |