|
24.01.2016 11:59:12
|
China Plans To Liberalize Cross Border Borrowing
(RTTNews) - The People's Bank of China plans to broaden the pilot program that helps companies to tap cross border resources.
Accordingly, the central bank will permit 27 financial institutions registered in the free-trade zones of Shanghai, Tianjin, Guangzhou and Fujian to conduct cross-border financing in both yuan and foreign currencies up to a limit linked to their assets or net assets.
These institutions will not require prior approval for borrowing from abroad, the bank said.
Letzte Top-Ranking Nachrichten
Nachrichten
ETF-Sparplan
Oskar ist der einfache und intelligente ETF-Sparplan. Er übernimmt die ETF-Auswahl, ist steuersmart, transparent und kostengünstig.