PBOCs’ Yi: Will increase re-financing quota to support small companies when necessary

Market news

28 December 2021

PBOCs’ Yi: Will increase re-financing quota to support small companies when necessary

In order to support small companies, the People’s Bank of China (PBOC) Governor Yi Gang said Tuesday, it will increase the re-financing quota for their support when necessary.

Additional quotes

“Expect to issue the first batch of carbon emission reduction funds to financial institutions by end of this year.”

‘Financial risks controllable overall. “

“Average interest rate of corporate loans at below 5%, hitting record low”.

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