SUBSCRIBERS
Regulator moves to contain China's off-balance sheet risk
Published Tue, May 3, 2016 · 09:50 PM
Beijing
CHINA's banking regulator, in a move to rein in the rapidly growing "shadow loans" industry, has told commercial lenders to properly account for lending products that may appear on their balance sheets as lower-risk investments.
Authorities are tightening scrutiny of the lenders as the growing use of complex financial structures has ra…
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Philippines’ Recto sees rate-cut delay risk if peso sinks to 59
Ecuador president declares state of emergency over energy crisis
US Senate has agreement on Fisa reauthorisation, will vote on Friday night, Schumer says
US expects to finalise new Aukus trade exemptions in next 120 days
IMF concerned about debt, fiscal challenges facing low-income countries
Bank of Japan’s Ueda says ‘very likely’ to hike rates if inflation keeps rising