国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Finance

PBOC to monitor wealth management products

China Daily | Updated: 2016-10-27 07:26

PBOC to monitor wealth management products

A bank clerk tells a customer how to seek helps with service machines at an outlet of the Industrial and Commercial Bank of China in Zhengzhou, capital of Henan province. [Photo provided to China Daily]

China's central bank is conducting a trial monitoring of banks' off-balance-sheet wealth-management products under its macro-prudential assessment system, banking sources said.

The WMPs will be included in calculating broad-based credit, the sources said, asking not to be identified discussing non-public information.

Currently, the products aren't included in the assessment framework, and it's not clear when or if the People's Bank of China will add them, the sources said.

Citigroup Inc estimated that 13 trillion yuan ($1.9 trillion) of the products, which are a key building block in China's shadow-banking system, could be covered.

Extra scrutiny could cool growth in the products as China tries to rein in financial risks that could tank the economy.

Adding the products to the central bank's calculations could help to emphasize requirements for lenders to limit dangers and maintain sufficient capital.

A change would mean regulators would be better able to "control the pace of broad-based credit supply," Judy Zhang, a Hong Kong-based analyst at Citigroup, said in a note. WMP issuance and yields may shrink as lenders pass on extra costs to investors, she said.

The central bank's macro-prudential system already encompasses banks' loans, bond and equity investments, repurchase agreements and placements with other financial institutions when calculating lenders' overall levels of credit. The central bank didn't immediately reply to a fax seeking comment.

The system assesses individual banks' risks, looking at factors such as capital adequacy, broad-based credit growth, leverage and asset quality.

Chinese households, companies and banks held a record 26.3 trillion yuan of wealth-management products as of June 30 and the China Banking Regulatory Commission has been tightening rules on WMPs since late 2014.

Most of the products are non-principal guaranteed, which means they reside off banks' balance sheets.

Bloomberg

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
剑河县| 基隆市| 明水县| 绩溪县| 东乌珠穆沁旗| 筠连县| 广水市| 霍林郭勒市| 忻州市| 会理县| 开江县| 军事| 汕尾市| 吉林市| 越西县| 栾城县| 武冈市| 岚皋县| 永吉县| 济源市| 南川市| 久治县| 准格尔旗| 镇巴县| 靖州| 杭锦后旗| 岱山县| 兴山县| 丰顺县| 望谟县| 苗栗市| 宝山区| 青冈县| 绥化市| 塔河县| 宜兴市| 北票市| 土默特左旗| 瑞安市| 泰兴市| 来安县|