Aug 05, 2021 10:13 PM (GMT+8) · EqualOcean
The business management department of the people's Bank of China held a working meeting in the second half of 2021, which stressed that it would cooperate with the head office to do a good job in the additional supervision of systemically important banks within its jurisdiction. Continue to strengthen the prudent management of real estate finance. We will accelerate the introduction of financial support policies in line with Beijing's characteristics and vigorously support the construction of indemnificatory rental housing. Maintain the supervision and verification of business loans and consumer loans. We will continue to provide guidance on the application for the establishment of financial holding companies under our jurisdiction.