What can I do when logged in?

You can submit new articles, so we can make unique versions of them and distribute them for you.
If you want to simply publish the same article on 800 websites, you can tell us to do that.
You can see the archive and current status of all your article distributions.
You can order any number of high-quality articles - just let us know your keywords.
You can browse the archive of all the articles we have written for you.
You can order our Complete Service (10 high-quality articles plus 10 article distributions).
You can purchase more credits for our services and check your affiliate earnings.
Much more ...

SpinDistribute.com Article Directory

The following article was published in our article directory on February 23, 2011.
Learn more about SpinDistribute Article Distribution System.

The PBOC Has Implemented "Dynamically Differentiated Required Reserve Ratios"

Article Category: Business

Author Name: xia zihui

The People's Bank of China (PBOC), or the central bank, said on Tuesday that it has implemented "dynamically differentiated required reserve ratios" among 40 local banks with low capital adequacy ratios (CAR) and which witnessed rampant growth in lending since January.

A PBOC spokesman told Xinhua on Tuesday that the central bank has formalized and boosted the transparency of the dynamically differentiated reserve requirement system, which requires different banks to set aside different levels of deposits with the central bank as reserves according to the individual banks' CAR levels and risk-control requirements.

The dynamically differentiated reserve requirement ratio system offers a more flexible mechanism to adjust lending growth and improve the risk prevention capability of banks, the spokesman said.

The spokesman added that the central bank will continue to manage the total market liquidity and implement the prudent monetary policy in the coming months, using tools such as interest rates, reserve requirement ratios and open market operations, as well as dynamically differentiated reserve requirements.

The PBOC announced last week that it would increase the benchmark bank reserve requirement ratio by 50 basis points beginning on Thursday to rein in liquidity amid increasing inflation pressure.

The hike, the second one this year and the eighth since the beginning of last year, came only nine days after the latest interest rate increase, forcing major banks to maintain 19.5 percent of their deposits as reserves at the central bank. Small and medium-sized banks will have to set aside a minimum 16 percent of their deposits as reserves.

China's consumer price index (CPI), a main gauge of inflation, rose 4.9 percent in January, which was lower than market expectations but was still higher than the 4.6 percent in December 2010.

The PBOC said on Jan 30 that keeping overall price levels under control through the adoption of a "prudent" monetary policy would be its top priority this year.

The People's Bank of China (PBOC), or the central bank, said on Tuesday that it has implemented "dynamically differentiated required reserve ratios" among 40 local banks with low capital adequacy ratios (CAR) and which witnessed rampant growth in lending since January.

A PBOC spokesman told Xinhua on Tuesday that the central bank has formalized and boosted the transparency of the dynamically differentiated reserve requirement system, which requires different banks to set aside different levels of deposits with the central bank as reserves according to the individual banks' CAR levels and risk-control requirements.

The dynamically differentiated reserve requirement ratio system offers a more flexible mechanism to adjust lending growth and improve the risk prevention capability of banks, the spokesman said.

The spokesman added that the central bank will continue to manage the total market liquidity and implement the prudent monetary policy in the coming months, using tools such as interest rates, reserve requirement ratios and open market operations, as well as dynamically differentiated reserve requirements.

The PBOC announced last week that it would increase the benchmark bank reserve requirement ratio by 50 basis points beginning on Thursday to rein in liquidity amid increasing inflation pressure.

The hike, the second one this year and the eighth since the beginning of last year, came only nine days after the latest interest rate increase, forcing major banks to maintain 19.5 percent of their deposits as reserves at the central bank. Small and medium-sized banks will have to set aside a minimum 16 percent of their deposits as reserves.

China's consumer price index (CPI), a main gauge of inflation, rose 4.9 percent in January, which was lower than market expectations but was still higher than the 4.6 percent in December 2010.

The PBOC said on Jan 30 that keeping overall price levels under control through the adoption of a "prudent" monetary policy would be its top priority this year.

Keywords: samsung 61 dlp,leather hand bags,ludwig bass drum,

Learn more about SpinDistribute Article Distribution System. We also offer one of the Best Article Writing Services out there - give us a try if you need great articles on various topics!

SpinDistribute.com Network

Each article you submit at SpinDistribute.com is sent through our innovative Article Distribution System to our network of more than 1840 publishers - about 55% of them are high-quality article directories, 30% of them are niche blogs and 15% of them are other content-rich websites.

To achieve the best possible success we only publish your article to most related websites. This means your article will show up on approximately 640 - 880 most related websites which will give you great SEO results.

We also offer a separate Professional Article Writing Service to everyone who's looking for high quality web content and well researched unique articles.