State Administration of Foreign Exchange, Circular on Issues Relevant to Setting the Ceilings for the Balance of the Short-term Foreign Debts of Institutions in China in 2013

国家外汇管理局关于核定2013年境内机构短期外债余额指标有关问题的通知

March 08, 2013 | BY

CLP Temp &

SAFE raises the short-term foreign debt quotas of banks.

Clp Reference: 3510/13.02.20 Promulgated: 2013-02-20

Issued: February 20 2013

Main contents: The 2013 ceiling for certain foreign-funded banks with legal personality and branches of foreign-funded banks that have implemented centralised management of ceilings is set at US$15,304,770,000.

The regional ceiling used in their jurisdictions in respect of banks with legal personality, branches of foreign-funded banks and Chinese-invested enterprises by local offices and branches of the State Administration of Foreign Exchange is set at US$10,380,250,000 (Article 1).

clp reference:3510/13.02.20 issued:2013-02-20

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