People's Bank of China
The People's Bank of China was established on December 1, 1948 based on the consolidation of the Huabei Bank, the Beihai Bank and the Xibei Farmer Bank. In September 1983, the State Council decided to have the bank function as a central bank.
See below for the Latest People's Bank of China News, Analysis, Profit Results, Share Price Information, and Commentary.
Hong Kong and China expand Northbound Swap Connect to US$6.3b
Hong Kong and China expand Northbound Swap Connect to US$6.3b
It also expanded the list of dealers and is expanding repo business activities.
Hong Kong, China launch Payment Connect for faster cross-border payments
Supported services include instant remittance services, amongst others.
DBS welcomes deepening financial market ties between Hong Kong & China
It will broaden overseas investment channels for mainland institutional investors, a DBS managing director said.
UOB, SGE ink MoU to deepen gold market cooperation
UOB is the only bank providing gold products in Singapore.
PBOC and HKMA sign MOU on cross-boundary linkage of payment systems
They also exchanged views on financial co-operation between the Mainland and Hong Kong.
China central bank to supports HK's bid to becoming an international finance hub
The bank provided conducive factors through its policies.
People’s Bank of China to issue RMB5b Bills
It will be issued through HKMA’s Central Moneymarkets Unit.
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Commentary
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