Caixin
Dec 19, 2016 05:43 PM
FINANCE

CBRC Targets Pledged Assets in Bid to Cut Credit Risks

(Beijing) — China's banking regulator has introduced a policy to improve the management of pledged assets in a bid to protect commercial lenders against credit risks amid a frothy housing market and volatile stock market.

The China Banking Regulatory Commission (CBRC) on Friday rolled out draft guidelines on the management of collateral assets that commercial lenders accept to enhance the credit quality of borrowers. The draft, pending public review until Jan. 15, presents clear requirements for the classification, value assessment, and stress tests of assets pledged.

loadingImg
You've accessed an article available only to subscribers
VIEW OPTIONS
Share this article
Open WeChat and scan the QR code