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PBOC to raise reserve ratios for some banks
Move will apply to lenders who do not meet criteria; this may contain credit growth after January's jump in advances
Published Fri, Feb 19, 2016 · 09:50 PM
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Beijing
CHINA'S central bank said some banks will be forced to lock away more reserves, a move that may contain credit growth after advances by smaller lenders jumped in January.
Some banks no longer meet criteria for preferential reserve requirement ratios and will have those…
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