People's Bank of China
The People's Bank of China was established on December 1, 1948 based on the consolidation of the Huabei Bank, the Beihai Bank and the Xibei Farmer Bank. In September 1983, the State Council decided to have the bank function as a central bank.
See below for the Latest People's Bank of China News, Analysis, Profit Results, Share Price Information, and Commentary.
China push to stimulate consumption may need more time
For banks, the lower mortgage rates could hurt profits in the short term.
China push to stimulate consumption may need more time
For banks, the lower mortgage rates could hurt profits in the short term.
Hong Kong, China ink MOU for linkage of fast payments systems
Central bankers also discussed financial cooperation between their markets.
China’s measures to fix property slump raises risks for banks
Lower down payments may embolden buyers to walk away, analysts warned.
China, Thailand ink MOU to enhance local currency use
They will also promote cross-border payment and settlement.
China supports HK's bid for international finance hub status
The bank provided conducive factors through its policies.
China new bank lending rise in September: report
Household loans rose to CNY650.3b in September.
People’s Bank of China to issue RMB5b Bills
It will be issued through HKMA’s Central Moneymarkets Unit.
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