PBOC Launches Swap Facility to Boost Stock Market for Insurers and Non-Bank FIs
PBOC Launches Swap Facility to Boost Stock Market for Insurers and Non-Bank FIs

Latest News

The People’s Bank of China (PBOC) has launched a funding scheme that allows non-bank financial institutions, including insurers, to apply for participation. This initiative is part of a broader effort to support the stock market. The central bank’s move aims to enhance market liquidity and encourage investments amidst prevailing economic challenges. Applications for the scheme are being accepted, signaling a significant shift in the central bank’s approach to involve more players in bolstering market activity.

Source and details of the news

Related News