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Tag: lending programm


Capital and Risk, Credit

China calls on banks to lend more aggressively to small businesses

April 9, 2020

Via: Banking Technology

On 3 April, the People’s Bank of China (PBOC) cut the interest rate it pays banks to park funds with the central bank to 0.35% from 0.72%. The PBOC had last cut the rate in November 2008. Beijing also lowered […]


Capital and Risk, Credit, Macroeconomic

US Federal Reserve pours $2.3 trillion into financing economy

April 9, 2020

Via: Banking Technology

“This funding will assist households and employers of all sizes and bolster the ability of state and local governments to deliver critical services during the coronavirus pandemic,” the Fed said in a statement. Through its ‘Main Street’ lending facility, the […]