Dec 01 - Central Bank Lowers the RMB Reserve Ratio by 0.5 Percent

Source: ChinaScope Financial (Data), CE.CN, Caijing.com.cn

+  After yesterdays 0.5% lowering of the reserve ratio, large banks and small and medium sized financial institutions have reserve ratios of 21% and 17.5%, respectively.

+  The last time the PBOC lowered the reserve ratio was in December 2008.

+  Related Data: RRR

The required reserve ratio is cut for the first time in three years.

For more data of RRR, please visit www.chinascopefinancial.com

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