State Administration of Foreign Exchange, Circular on Issues Relevant to the Determination of Quotas for Provision of Security to Foreign Parties for Financing Purposes of Banks in China for the Year 2011

国家外汇管理局关于核定境内银行2011年度融资性对外担保余额指标有关问题的通知

Safe lowers banks' quotas for provision of security to foreign parties.

2 minute readOctober 12, 2011 at 12:58 AM

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Issued: July 27 2011

Main contents: Article 1 of the Circular states that the aggregate quota for provision of security to foreign parties for financing purposes of certain Chinese-invested banks, foreign-invested banks with legal personality and branches of foreign banks for the year 2011 is determined to be US$76.37622 billion (Article 1)

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