Legislation roundup: Commercial banking law, Internet+ and price frauds

The 75% loan-to-deposit ratio requirement for commercial banks has been scrapped, the State Council has promoted innovation in key sectors and the NDRC has cracked down on price frauds on online platforms

2 minute read June 25, 2015 at 12:15 PM

clpstaff and clp articles

Banking

Bill for Amendments to the PRC Law on Commercial Banks (Draft)

中华人民共和国商业银行法修正案 (草案)

The bill removes the provision requiring that the loan balance not exceed 75% of the deposit balance, and changes the loan-to-deposit ratio from a statutory regulatory indicator to a liquidity monitoring indicator.

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