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The People's Bank of China (officially PBC [3] and unofficially PBOC [4]) is the central bank of the People's Republic of China. [5] It is responsible for carrying out monetary policy as determined by the People's Bank Law and the Commercial Bank Law.
- Bank of China
The Bank of China (BOC; Chinese: 中国银行; pinyin: Zhōngguó...
- Banca Popolare Cinese
La Banca Popolare Cinese (abbreviato: PBC o PBOC, 中國人民銀行 T,...
- List of banks in China
This is a list of banks in China, including Mainland China,...
- Bank of China
The Bank of China (BOC; Chinese: 中国银行; pinyin: Zhōngguó Yínháng; Portuguese: Banco da China) is a state-owned Chinese multinational banking and financial services corporation headquartered in Beijing, China.
- History
- Management
- Structure
- Interest Rates
- See Also
- Further Reading
The bank was established on December 1, 1948, based on the consolidation of the Huabei Bank, the Beihai Bank and the Xibei Farmer Bank. The headquarters was first located in Shijiazhuang, Hebei, and then moved to Beijing in 1949. Between 1950 and 1978 the PBC was the only bank in the People's Republic of China and was responsible for both central b...
The top management of the PBC are composed of the governor and a certain number of deputy governors. The governor of the PBC is appointed into or removed by the National People's Congress or its Standing Committee. The candidate for the governor of the PBC is nominated by the Premier of the People's Republic of China approved by the National People...
The PBC has established 9 regional branches, one each in Tianjin, Shenyang, Shanghai, Nanjing, Jinan, Wuhan, Guangzhou, Chengdu and Xi'an, 2 operations offices in Beijing and Chongqing, 303 municipal sub-branches and 1809 county-level sub-branches. It has 6 overseas representative offices (PBC Representative Office for America, PBC Representative O...
Previously, interest rates set by the bank were always divisible by nine, instead of by 25 as in the rest of the world.However, since the central bank began to increase rates by 0.25 percentage points on October 19, 2010, this is no longer the case. PBC latest interest rate changes:
Renminbi, the Chinese national currencyStephen Bell and Hui Feng. The Rise of the People's Bank of China: The Politics of Institutional Change(Harvard University Press; 2013) 384 pages; Recent history; uses interviews with key figures
La Banca Popolare Cinese (abbreviato: PBC o PBOC, 中國人民銀行 T, 中国人民银行 S, Zhōngguó Rénmín Yínháng P) è la banca centrale della Repubblica Popolare Cinese. Detiene il potere di gestione della politica monetaria e il potere di regolamentazione delle istituzioni finanziarie della Cina continentale. Dal 25 luglio 2023 suo governatore è Pan Gongsheng.
This is a list of banks in China, including Mainland China, Hong Kong, and Macau. 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.
A Brief History of the People’s Bank of China. The People’s Bank of China (PBC) was established on December 1, 1948, in Shijiazhuang, Hebei Province, by consolidating the former Huabei Bank, Beihai Bank and Xibei Farmers Bank. The Renminbi (RMB) was put into circulation at the same time.
The People's Bank of China (officially PBC and unofficially PBOC) is the central bank of the People's Republic of China. It is responsible for carrying out monetary policy as determined by the People's Bank Law and the Commercial Bank Law. Quick Facts Headquarters, Coordinates ... Close. Quick Facts 's Bank of China, Chinese name ... Close.
