8th reserve ratio hike announced

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Wednesday, July 09, 2008 20:09:50

	8th reserve ratio hike announced By STAFF WRITER Published: October 15, 2007 12:00 PM The People's Bank of China announced it would increase the reserve requirement ratio for commercial banks by 0.5 percentage points to 13% from October 25, th official Xinhua News Agency reported. It ... You are currently reading 31 words of 95 total words in this article. To continue reading this article, you must be a subscriber. Log in now. Buy this article now for $10 USD. Not a subscriber? Start your 7-day free trial now. bookmark \| digg \| Permalink \| Tell a Friend Tags for this article: Central Bank , China Banking , credit , commercial , Bank of China , china , US	More Articles in Banking, Finance and Insurance > Today’s Daily Briefs E-Mail Sign up for a roundup of the day’s top stories, sent every day. RELATED ARTICLES > Financial innovation urged for China’s shipbuilding industry Huaxia Bank places shares as profits soar 44% Standard Chartered offers unsecured loans to Chongqing SMEs Beijing Rural Bank’s Q1 net profit up 38% M&A ahead for Chinese financial services firms Nearly 1.5b banks cards in circulation Jinan bank acquires Sanlian stake for $24m

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