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China’s central bank to step up evaluation of financial risks amid coronavirus

by CBDC Insider Staff
June 6, 2020
in Asia, Business
Reading Time: 1min read
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China’s central bank to step up evaluation of financial risks amid coronavirus
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China’s central bank said on Friday that it would step up evaluation of financial risks as the coronavirus has brought challenges to the economy and the country’s financial development.
It will adopt comprehensive measures to ramp up the disposal of non-performing loans, and deepen the reforms of small and medium-sized banks and work to replenish their capital, the People’s Bank of China said in a statement on its website.

continue read:https://www.newsbreak.com/news/0PBhOu1G/chinas-central-bank-to-step-up-evaluation-of-financial-risks-amid-coronavirus

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