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: 国产精品亚洲欧美一级久久精品 | 成年女人永久免费观看片 | 免费观看毛片视频 | 国产观看在线 | 亚洲成人www | 国产9191精品免费观看 | 深夜福利国产福利视频 | 欧美搞黄视频 | 日本欧美做爰全免费的视频 | 国产在线综合视频 | 免费人成年短视频在线观看网站 | 国内自拍tv在线 | www.99在线观看 | 大尺度福利视频奶水在线 | 99精品视频一区在线观看miya | 国产高清一级视频在线观看 | 草草久久97超级碰碰碰免费 | 欧美激情免费观看一区 | 亚洲一级毛片免费观看 | 欧美日韩一区二区三区视频在线观看 | 三级免费网站 | 国产午夜亚洲精品第一区 | 欧美全免费aaaaaa特黄在线 | 国产免费亚洲 | 黄色a三级免费看 | 91小视频在线观看免费版高清 | 国产精品久久福利网站 | 亚洲综合久久1区2区3区 | 成人网18免费网 | 顶级毛片在线手机免费看 | 久久精品视频在线观看榴莲视频 | 欧美男人天堂 | 亚洲一区二区三区高清视频 | 国产最爽的乱淫视频国语对 | 国产欧美日韩精品第三区 | 国产性videostv另类极品 | 久久久久日韩精品无 | 欧美一区二区在线视频 | 成人男男黄网色视频免费 | 18年大片免费在线观看 | 国产一级在线观看视频 |