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State Administration of Foreign Exchange, Circular on the Determination of Short-term Foreign Debt Quotas of Financial Institutions in 2009
国家外汇管理局关于2009年度金融机构短期外债指标核定情况的通知

Safe raises banks’ short-term foreign debt quotas to boost trade financing.

Issue: May 2009

CLP Reference: 3610/09.03.17

Promulgated: 17 March 2009

Keywords (click to search): short-term foreign debt quotas financial institutions banks trade financing

Issued: March 17 2009

Applicability: Requirements other than those specified in the Circular shall be handled in accordance with relevant provisions of the State Administration of Foreign Exchange, Issuance of the Circular on Short-term Foreign Debt Quotas of Financial Institutions in 2008 (Article 9).

Main Contents: The short-term foreign debt quota for Chinese-invested banks nationwide in 2009 is determined to be US$9.86 billion. The 2009 short-term foreign debt quota for certain foreign-invested banks with legal personality and branches of foreign-invested banks...

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