(Beijing / Shanghai / Hong Kong Comprehensive News) The People's Bank of China announced on Friday (March 17) that it was 0.25 percentage points on March 27.After this reduction, the weighted average deposit reserve rate of financial institutions was about 7.6%.
The official website of the People's Bank of China pointed out that this reduction is to promote the effective improvement of China's economy and the reasonable increase in quantity, to play a combination of macro -policy combinations, improve the level of serving the real economy, and maintain a reasonable and abundant liquidity of the banking system.Essence
Securities Times quoted Chinese financial expert analysis that this reduction has positively play a positive role in obtaining more development loan support for real estate companies and personal mortgage loan policies.
The China Economic Daily published an article on Saturday (March 18), saying that the reduction will directly enhance the banking system loan capacity and consolidate economic stability.The total amount of credit has maintained a reasonable growth, which has a vital role in stabilizing employment and protecting people's livelihood, especially to create a suitable monetary credit environment for small and micro enterprises.
The article also mentioned that the risk of overseas banking industry has increased, and the external environment is becoming increasingly complicated.According to Reuters, the Bank of Silicon Valley Bank and the bank bankruptcy, and Credit Suisse disclosed that internal surveillance has major defects that have impacted the global market last week.
For the second quarter of the market for reduction in China's RRR cut, the Ming Pao quoted Goldman Sachs analysis that it may be because the new Chinese government hopes to boost confidence after the stage on stage, especially in the global financial market uncertainty.In the background of increased.Credit demand recovery is also one of the reasons.
Financial experts believe that this reduction has a positive role in obtaining more development loan support for real estate companies and personal mortgage loan policies.
