China Development Bank, a wholly state-owned policy bank, granted 408.6 billion yuan (66.8 billion U.S. dollars) in 2014 in financial loans to support shanty town renovation projects, according to the bank.
China's central bank on Saturday issued a circular on adjusting rules for calculating deposits, which will increase the base of fund available for lending at commercial banks, according to web portal Sina.com.
China is undergoing one of the boldest financial reforms so far this year following the central bank's publishing of draft rules on a deposit insurance system.
Chinese mainland's A-share market extended its rally for the fifth day since last week's rate cut, reigniting flames of hope that a bull market is imminent.
Sri Lanka's central bank has decided to maintain current policy interest rates as headline inflation had declined to its lowest level in October 2014 since November 2009, the institution said here on Wednesday.
The Bank of England (BoE) Wednesday cut its prediction for Britain's economic growth in 2015 from 3.1 percent to 2.9 percent and in 2016 from 2.8 percent to 2.6 percent.
Russia's central bank abandoned its daily control on the value of ruble against foreign currencies on Monday, while holding on to necessary interventions in case of threats to national financial stability.
China will open the bank-card clearing business to both domestic and foreign investors in an effort to expand the opening up in financial sector and optimize consumption environment.
The Industrial and Commercial Bank of China (ICBC), the country's largest bank, plans to sell the Chinese yuan-denominated bonds in South Korea Tuesday for the first time in a non-resident capacity, the bank's Seoul branch said Monday.
South Korea on Wednesday raised its worrying pitch on the prolonged weakness of the Japanese yen, which would dent competitiveness of domestic exporters, but the central bank kept its stance that the effect of further rate cuts to respond to the weak yen would be restricted.
India's central bank, the Reserve Bank of India (RBI), Tuesday decided to keep key interest rates unchanged in its fourth bi-monthly policy review.
An Albanian court ruled Monday that Albania's central bank governor Ardian Fullani would be put under house arrest after release from jail.
Bank of Albania (BoA) on Sunday proposed to the parliament the dismissal of Bank of Albania governor Ardian Fullani who has been arrested over a big amount of bank theft.
Cuba's central bank has adopted measures against money laundering after the passage of a new foreign investment law aimed at bringing more capital from abroad, local media said Thursday.
The Australian share market on Thursday pushed again to continue its six-year high passing its previous high reached on July 31, 2008 after the global financial crisis.
The International Finance Corporation (IFC), a member of the World Bank Group, has sold its 12.25 percent stake in Acleda bank to Japan's Sumitomo Mitsui Banking Corporation (SMBC) in an undisclosed amount after having supported Acleda for over 15 years, said an IFC news statement on Monday.
A fully-fledged cut of the reserve requirement ratio (RRR) for banks is unlikely, as the central bank prefers targeted monetary tools, economists have said, as speculation mounts about such a dramatic move to heat China's lukewarm economy.
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