12 Jun 2019, Gergana Bencheva, EMIS Editor
China assures continued support to small lenders
According to the China Banking and Insurance Regulatory Commission, the country’s small and medium banks have relatively ample liquidity and their risks are under control. China’s central bank also assured it would continue to leverage various monetary policy tools to ensure reasonable and ample liquidity in the financial market.
The interbank market issue was raised last month as concerns over credit risks of the country's small banks rattled the segment as regulators took control over Baoshang Bank. However, the authorities noted it was a single case, Shanghai Daily underlined.
Sign in and read the full article in emis.com, and find out more about EMIS. Original source: Shanghai Daily