State Administration of Foreign Exchange, Provisions on Matters Relevant to the Offshore Loan Business of Banking Financial Institutions (Draft for Comments)
国家外汇管理局关于银行业金融机构境外贷款业务有关事宜的规定 (征求意见稿)
September 30, 2021 | BY
Susan MokSAFE sets a ceiling on offshore bank loans
Issued: September 18, 2021
Main contents:
Ceiling on offshore loan balance = domestic bank's net tier 1 capital (for domestic branches of foreign banks, calculated based on their working capital) × offshore loan leverage ratio × macro-prudential adjustment parameter
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