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PBOC Lu Lei: PBOC Shall Promote Capital Raising Through Issuance of Special National Bonds/ Other Means to Support Large State-owned Banks in Replenishing CET1 Capital
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The People's Bank of China (PBOC) should actively promote fund raising through the issuance of special treasury bonds and other means to support large state-owned banks in replenishing their Common Equity Tier 1 (CET1) capital, so as to enhance their risk resistant capability and their power to serve the real economy, Lu Lei, Deputy Governor of the PBOC, wrote an article in the Study Times saying. The PBOC should also promote the reform of the ledger of the policy and development banking business, encouraging them to strengthen their functional positioning, clarifying their business boundaries and focusing on serving the national strategy. AAStocks Financial News |
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