China to curb banks' use of overseas loans - News Summed Up

Trending Today


China to curb banks' use of overseas loans


BEIJING (Jan 29): China's central bank and foreign exchange regulator issued new rules on Saturday that bar domestic banks from using overseas loans to invest in securities or "speculative deals", a notice on the bank's website showed on Saturday (Jan 29). The rules will take effect from March 1.


Source: The Edge Markets January 30, 2022 09:42 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */