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KM Financial Solutions | China central bank lends 790.00 mln yuan via standing lending facility in Aug
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China central bank lends 790.00 mln yuan via standing lending facility in Aug

02 Sep China central bank lends 790.00 mln yuan via standing lending facility in Aug

Posted at 08:22h in News by
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China’s central bank extended 790.00 mln yuan ($115.87 mln) of loans to local financial institutions in August via its standing lending facility (SLF), it said on Monday.
The total outstanding amount of SLF loans was 690.00 mln yuan at the end of August, the central bank said.
The People’s Bank of China uses the SLF and the medium-term lending facility as tools for managing short- and medium-term liquidity in the country’s banking system.
($1 = 6.8181 Chinese yua

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