Tag: Chinese banks

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 […]

Activity, Corporate Banking

Chinese Banks Provide Up to $1.9B Financing for Tesla Shanghai

December 27, 2019

Via: ABF Journal

Tesla Shanghai entered into a revolving loan agreement with a group of Chinese banks. According to a related 8-K filing, Tesla entered into a fixed asset syndication loan agreement and a supplemental agreement with China Construction Bank, China (Shanghai) Pilot […]


New Financial Rules Could Allow China’s Smaller Banks to Fail. That’s a Good Thing.

November 28, 2018

Via: The New York Times

China’s too-big-to-fail banking rules are heading in the right direction. Chinese regulators published new guidelines on Tuesday for supervising the nation’s financial institutions. Of course, Beijing owns most big lenders, and failures are almost unheard-of. But the very act of […]