Home PBOC’s Sun: No need to lower regulatory requirement on banks’ capital adequacy ratio

PBOC’s Sun: No need to lower regulatory requirement on banks’ capital adequacy ratio

Published date: 25 Aug. 2020 | 05:07

There is no need to lower regulatory requirements on banks’ capital adequacy ratio, said the People’s Bank of China (PBOC) Vice Governor Sun Guofeng on Tuesday.

He said that the central bank is still running internal tests of digital currency and that no official launch is scheduled.

more to come ….

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