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In Depth: The Billion-Dollar Plan to Replenish Smaller Chinese Banks’ Capital

2020年06月17日 20:51 来源于 财新网
Policymakers are planning to allow local governments to invest about 200 billion yuan to help risky lenders buckling under too much bad debt
Some analysts doubt that 200 billion yuan is enough to handle all of the debt-ridden banks’ bad debts. They also doubt whether the program will do much to fix the banks’ management problems.

Small and midsize banks in China worried about the bad debts on their balance sheets may soon get a helping hand from local governments.

Policymakers are planning to allow local governments to replenish the capital of certain small and midsize banks to the tune of about 200 billion yuan ($28.2 billion) in an effort to defuse bad-debt risks, sources familiar with the matter told Caixin.

版面编辑:喻竹杨洋
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