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The central bank of the People's Republic of China is the People's Bank of China, a component of the State Council, the Central Government of China. The People's Bank of China is mainly responsible for issuing the Renminbi and administering its circulation, in addition to formulating and implementing monetary policy in accordance with Chinese ...
As one of the top five financial centres worldwide, Hong Kong has one of the highest concentrations of banking institutions in the world, with 70 of the largest 100 banks in the world having an operation in Hong Kong. As of 2019, there were 164 licensed banks, 17 restricted licence banks and 13 deposit-taking companies in business, constituting ...
China's Reserve Requirement Ratio for large banks. China's banking sector had CN¥417 trillion (US$58.54 trillion) in assets at the end of 2023. [1]The "Big Four" state-owned commercial banks are the Bank of China, the China Construction Bank, the Industrial and Commercial Bank of China, and the Agricultural Bank of China, all of which are among the largest banks in the world as of 2018.
The People's Bank of China is the largest shareholder with 16 percent of equity; others include the NAFMII, UnionPay, and the large state-owned Chinese banks. [citation needed] Foreign shareholders include HSBC, Standard Chartered, Bank of East Asia, DBS Bank, Citigroup, ANZ Banking Group, and BNP Paribas. [16]
This is a list of banks in the Macau Special Administrative Region of the People's Republic of China. According to the Monetary Authority of Macao , there are 27 licensed banks in Macau, 4 of which are headquartered in Macau.
Five of China's largest banks have said the country's lenders face multiple headwinds this year that include the pandemic, global politics and domestic turmoil in the real estate industry. On ...
Bank of China; Bank of India; Booyoung Khmer Bank [9] ... Foreign Trade Bank of Cambodia [12] Hong Leong Bank Berhad; Industrial and Commercial Bank of China Limited;
China: People's Bank of China: Renminbi: 2.69 Pan Gongsheng: 中国人民銀行 / Zhōngguó Rénmín Yínháng: 1948 Canada: Bank of Canada: Canadian dollar: 2.38 Tiff Macklem: Banque du Canada: 1935 Australia: Reserve Bank of Australia: Australian dollar: 1.96 Michele Bullock: 1960 Switzerland: Swiss National Bank: Swiss franc: 0.23 Thomas Jordan