The central bank and the State Administration of Foreign Exchange: The macro-prudential adjustment parameter for cross-border financing of enterprises and financial institutions has been raised to 1.75
In order to further improve the macro-prudential management of comprehensive cross-border financing, continue to increase the cross-border funding sources for enterprises and financial institutions, and guide them to optimize their asset-liability structure, the People's Bank of China and the State Administration of Foreign Exchange have decided to raise the macro-prudential adjustment parameter for cross-border financing of enterprises and financial institutions from 1.5 to 1.75, effective January 13, 2025. This article is selected from the "People's Bank of China" public account, edited by Jiang Yuanhua of Zhitong Finance
According to the Zhitong Finance APP, in order to further improve the macro-prudential management of comprehensive cross-border financing, continue to increase the cross-border funding sources for enterprises and financial institutions, and guide them to optimize their asset-liability structure, the People's Bank of China and the State Administration of Foreign Exchange have decided to raise the macro-prudential adjustment parameter for cross-border financing of enterprises and financial institutions from 1.5 to 1.75, effective January 13, 2025.
This article is compiled from the "People's Bank of China" public account, edited by Jiang Yuanhua of Zhitong Finance.