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Published on Thursday, June 25, 2015 | Updated on Sunday, May 13, 2018

China | Scrapping banks’ loan-to-deposit ratio requirement to have limited impact

Yesterday, China’s State Council --- the country’s cabinet---passed a draft amendment to the 20-year old Commercial Banking Law, seeking to scrap the law-based 75% cap for commercial banks’ loan-to-deposit ratio (LTD).