“China delayed tightening bank capital rules to the beginning of next year, signaling support for loan growth as policy makers seek to arrest a slowdown in the world’s second-largest economy.
New draft rules from the China Banking Regulatory Commission aim to set “reasonable” schedules for banks to meet capital targets in a way that helps “maintain appropriate credit growth,” the government said on its website yesterday, without giving a deadline for compliance. The rules, announced in August, had been set to go into effect on Jan. 1, 2012.”
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