- CNTV English - CCTV News

Homepage > News > Biz >

China's bank watchdog to promote small business

10-26-2011 09:42 BJT

Now that regional and systematic risks have been effectively controlled, the China Banking Regulatory Commission will take various measures to guide and promote the role of banks in supporting the national economy’s sound and fast development, said the vice president of the China Banking Regulatory Commission.

The commission will further enhance the policy support and loans to small businesses as well as loosen access restrictions on commercial banks whose customer amounts and balance of loans to small businesses have surpassed a certain percentage.

The commission will permit banks to establish local branches and franchised agencies and give priority in supporting commercial banks to issue financial bond for small businesses. The commission also permits commercial banks to exclude the financial bonds of less than 5 million yuan bought by small businesses from loan-to-deposit ratio appraisal.

Editor:Zhang Jianfeng |Source: People's Daily

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program