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General Office of the People's Bank of China on commercial banks' liquidity management issues letter 2013-06-24 11:08:47 2013-06-24

China PBOC Shanghai headquarters, branches, business management department, provincial (capital) city center branch, Shenzhen Central Sub-branch, the National Development Bank, the policy banks, state-owned commercial banks, joint-stock commercial banks, China Postal Savings Bank, Beijing Bank of Shanghai, Jiangsu Bank: At present, the overall liquidity of the banking system at a reasonable level, but due to changes in the financial market factors, and near the end of half an important point, the objective of commercial banks liquidity management has put forward higher requirements. According to the current CPC Central Committee and State Council on the economic work of the relevant requirements, financial institutions must continue to conscientiously implement the prudent monetary policy, and effectively improve risk awareness, and constantly improve liquidity management and scientific initiatives, continue to strengthen liquidity management, promote stable monetary environment. Commercial banks should pay close attention to the market liquidity situation, to strengthen the liquidity factors analysis and forecasting, good half a key point late liquidity arrangements. Commercial banks should concentrate storage for taxes and statutory reserve deposit and other factors impact on liquidity in advance to arrange sufficient positions to maintain adequate levels of reserve ratio, to ensure the normal settlement; according to macro-prudential requirements for an asset is reasonable configuration, carefully controlled expansion of credit and other assets too fast may lead to liquidity risk, market liquidity fluctuations in a timely manner to recapitalize; fully estimate the volatility of interbank deposits, effective control of maturity mismatches; financial institutions, particularly large commercial banks In strengthening its own liquidity management, while also actively play their own advantages, with the central banks play a stabilizing role of the market. All financial institutions to balanced liquidity and profitability and other business objectives, reasonable arrangements for the total amount and maturity structure of assets and liabilities, a reasonable grasp of general loans, bills financing the configuration structure and delivery schedule, focusing on the stock of money and credit by activating support the real economy avoid deposits "red point" and other acts to maintain steady and moderate growth in money and credit. General Office of People's Bank of China June 17, 2013

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