State Administration of Foreign Exchange, Circular on Issues Relevant to the Determination of Quotas for Provision of Security to Foreign Parties for Financing Purposes of Banks in China for the Year 2011
国家外汇管理局关于核定境内银行2011年度融资性对外担保余额指标有关问题的通知
October 12, 2011 | BY
clpstaff &clp articlesSafe lowers banks' quotas for provision of security to foreign parties.
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Issued: July 27 2011
Main contents: Article 1 of the Circular states that the aggregate quota for provision of security to foreign parties for financing purposes of certain Chinese-invested banks,