Chinas central bank said it injected 100 billion yuan ($15.

19 billion) of funds into the market via

a medium-term lending facility Friday in a bid to keep ample liquidity in the banking system.
The Peoples Bank of China said it offered the funds to nine financial institutions at an interest
rate of 3.25%.
The lending will have a six-month maturity and it aims to guide banks to step up lending to the
nations small businesses and agricultural sector.
The central bank said earlier this month that its medium-term lending facility, or MLF,
outstanding totaled 665.8 billion yuan at the end of December.
The MLF is a monetary tool that was adopted by the PBOC in 2014.
NAB outlined plans last year to hand 75% of the U.K. business to shareholders and sell the
remainder to institutional investors via an initial public offering, so it could focus on moreprofitable operations in Australia and New Zealand.
NAB bought Glasgow-based Clydesdale Bank in 1987 for 420 million (US$598 million) before
picking up Yorkshire Bank in 1990 for about 900 million. The businesses were hard hit by
soured property loans and rising funding costs as the U.K. struggled through recession. In recent
years the division has racked up provision charges for legacy misconduct allegations for wrongly
selling certain financial products.

Chinese real estate developer Sunac China Holdings Ltd. said late Friday that it has agreed to
buy the remaining 37.9% stake in Shanghai Fengdan Lishe Real Estate Development Co. for
1.32 billion yuan (US$200.5 million), a bid to boost its land reserve in Shanghai.
After the deal, Sunac China will own entire equity interests in Shanghai Fengdan and 50% stakes
in Shanghai Huafeng Real Estate Development Co. through Shanghai Fengdan, the Hong Konglisted developer said.
Shanghai Huafeng is engaged in the development of the Shanghai Pudong Eastern Suburb Land
Parcel with a total gross floor area of about 1.12 million square meters, the company added.