SHANGHAI/BEIJING (Reuters) - China's central bank cut the amount of cash banks must hold in reserves on Saturday, boosting lending capacity by an estimated 350-400 billion yuan ($55.6-$63.5 billion) in a bid to crank up credit creation as the world's second-biggest economy faces a fifth successive quarter of slowing growth.
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China to crank up credit as lending, economy slow
Posted by ReutersNews 94 days ago (http://feeds.reuters.com)China acts to crank up credit as lending, economy slow
Posted by ReutersNews 94 days ago (http://feeds.reuters.com)
SHANGHAI/BEIJING (Reuters) - China's central bank cut the amount of cash banks must hold in reserves on Saturday, boosting lending capacity by an estimated 350-400 billion yuan ($55.6-$63.5 billion) in a bid to crank up credit creation as the world's second-biggest economy faces a fifth successive quarter of slowing growth.
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Hungary seeks 15-20 billion euro IMF/EU credit line: official
Posted by ReutersNews 109 days ago (http://feeds.reuters.com)
BUDAPEST (Reuters) - Hungary is seeking an international credit line of 15 to 20 billion ($20 to $26.3 billion) euros, the secretary of state heading the prime minister's office, Mihaly Varga, was quoted on Saturday as saying.
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Most banks tightening credit to Europe, Fed says
Posted by ReutersNews 113 days ago (http://feeds.reuters.com)
WASHINGTON (Reuters) - More than two thirds of banks in a Federal Reserve survey of senior loan officers said they had tightened credit to European financial firms in January, underscoring the continent's severe banking crisis.
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