New rules to reduce banks' liquidity risks
By Jiang Xueqing | China Daily | Updated: 2018-05-26 06:51
Revised norms to boost supervision and stability in financial sector
China has come out with new rules that will help commercial lenders better guard against liquidity risks, the banking and insurance regulator said on Friday.
The new rules, which will come into effect on July 1, will add three new indicators for gauging liquidity risks, according to the China Banking and Insurance Regulatory Commission.
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