Skip to main content

PBoC ramps up funding support for policy banks

Biggest monthly increase for cheap loan funding in over a year likely to target property sector

The People’s Bank of China, Beijing
The People's Bank of China

The People’s Bank of China (PBoC) injected 350 billion yuan ($4.92 billion) in low-cost loans to “policy banks” through its pledged supplementary lending facility (PSL) in December. 

This was the largest monthly increase in the amount of loans the PBoC has made via the PSL tool since November 2022. It brought outstanding PSL loans to 3.25 trillion yuan at the end of December, compared with 2.9 trillion yuan on November 30.

The central bank did not say how the policy banks would use the loans when

Solo los usuarios que tengan una suscripción de pago o formen parte de una suscripción corporativa pueden imprimir o copiar contenido.

Para acceder a estas opciones, junto con todas las demás ventajas de la suscripción, póngase en contacto con info@centralbanking.com o consulte nuestras opciones de suscripción aquí: subscriptions.centralbanking.com/subscribe

Actualmente no puede copiar este contenido. Póngase en contacto con info@centralbanking.com para obtener más información.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Regístrese en Central Banking

Todos los campos son obligatorios, salvo que se indique lo contrario.

Mostrar contraseña
Ocultar contraseña

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Iniciar sesión
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.