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Regulator relaxes key lending ratio in a measure to boost economy

China's banking regulator said on Monday it was allowing lenders to make more loans through a modification in the way a key regulatory ratio is calculated.

The China Banking Regulatory Commission changed the way lenders calculate their loan-to-deposit ratio - a key banking liquidity indicator calculated by dividing a bank's total loans by its total deposits - by narrowing the scope of loans and widening the scope of deposits applicable to the ratio, according to a statement posted on the CBRC's website.