Source: – Wednesday, February 19, 2014
BEIJING (Reuters) – China's banks will have to raise their liquidity coverage ratio (LCR) to 100 percent by means of 2018 underneath new principles to take effect from March 1, the banking regulator stated on Wednesday. The China Banking Regulatory Commission (CBRC) additionally reaffirmed its requirement that industrial banks' loan-to-deposit ratio cannot be higher than 75 p.c. (Reporting by Koh Gui Qing and Kevin Yao; Modifying through Jacqueline Wong) Subscribe to the dialog about this story »

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