People's Bank of China, Circular on Implementation of the Normal Deposit Reserve Rate for Deposits with Domestic Correspondent Banks by Banks Participating in Offshore Renminbi Business

中国人民银行关于境外人民币业务参加行在境内代理行存放执行正常存款准备金率的通知

January 29, 2016 | BY

Susan Mok

Statutory deposit reserve rate applies to offshore Rmb business.

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Issued: January 16 2016 Effective: January 25 2016