Arab Today, arab today pboc deposit insurance not to impact bank profit
Last Updated : GMT 02:58:58
Arab Today, arab today
Arab Today, arab today

PBOC: Deposit insurance not to impact bank profit

Arab Today, arab today

Arab Today, arab today PBOC: Deposit insurance not to impact bank profit

People's Bank of China
Beijing - XINHUA

The initial premiums rate of newly launched deposit insurance will not impact the profit of entire banking sector, according to China's central bank on Friday.
Pan Gongsheng, deputy governor of the People's Bank of China (PBOC), said that the premiums of deposit insurance will be much lower than that of other countries.
He said the premiums rate will take into consideration global experience and risk control, which is likely to be adjusted in accordance with market changes and deposit insurance volume.
Higher rates will be applied to the institutions with higher risks, and those with lower risks will pay less premiums, Pan added.
The Chinese government announced on Tuesday that it will implement the long-awaited bank deposit insurance scheme in May, and financial institutions will be required to pay insurance premiums into a fund that will be managed by an agency appointed by the State Council.

 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today pboc deposit insurance not to impact bank profit Arab Today, arab today pboc deposit insurance not to impact bank profit

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today pboc deposit insurance not to impact bank profit Arab Today, arab today pboc deposit insurance not to impact bank profit

 



Arab Today, arab today Designer prepared new set of ornaments

GMT 02:45 2017 Wednesday ,28 June

Designer prepared new set of ornaments
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 11:09 2017 Sunday ,25 June

HUAWEI P10 the ‘guru’ of portrait shots

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday