Home PBOC implements third phase of RRR cuts for county level rural commercial banks

PBOC implements third phase of RRR cuts for county level rural commercial banks

Published date: 15 Jul. 2019 | 03:57

The latest statement from the People’s Bank of China (PBOC) shows that the Chinese central bank injected 200B Yuan via one-year Medium Lending Facility (MLF); rate unchanged at 3.30%.

Additional Headlines:

Implementing third phase of RRR cuts for county level rural commercial banks.

Releasing long term capital worth around 100b yuan.

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