PBOC plans bank loan buyback to lift SME lending

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China Daily Cina 03.06.2020. 01:59

PBOC plans bank loan buyback to lift SME lending

China's central bank will start buying the bank loans made by some commercial lenders from this week to increase lending to small firms by as much as 1 trillion yuan ($140.18 billion) amid the coronavirus epidemic. The People's Bank of China said it will use a 400 billion yuan ($56 billion) special»»»

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