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The one-year interest rate on the TMLF will be 3.15 percent, 15 basis points lower than the rate on the medium-term lending facility (MLF), the central bank said.

China c.bank unveils targeted tool to spur lending to small firms

by Raymond Akamby

19 December 2018, 3:53 PM

China's central bank on Wednesday rolled out a targeted policy tool to spur lending to small and private firms, in ...

Major commercial banks were called upon to cut their average lending rate for SMEs by 1 percentage point in the fourth quarter

China’s Premier says loans to small firms should not be “willfully withdrawn” – Xinhua

by Raymond Akamby

10 November 2018, 11:30 AM

China's premier said loans to small firms should not be "willfully withdrawn," and China should help small firms tackle their ...

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