net_left adver left

China further extends loan repayment for small firms hit by COVID

Monday, November 14, 2022
China further extends loan repayment for small firms hit by COVID © Reuters. FILE PHOTO: Paramilitary police officers stand guard in front of the headquarters of the People's Bank of China, the central bank (PBOC), in Beijing, China September 30, 2022. REUTERS/Tingshu Wang

BEIJING (Reuters) -China will extend loan repayment dates for small firms hit by COVID-19 and encourage financing institutions with government guarantees to continue offering credit support to those firms, according to a notice published by the central bank on Monday.

The move came when small businesses, the mainstay of China's economy and a major source of jobs, were disrupted this year by stringent coronavirus lockdowns and curbs across the country.

For COVID-hit small firms, loan repayments due in the fourth quarter in 2022 can be extended to June 30, 2023, said the notice jointly released by multiple departments including the People's Bank of China (PBOC), the finance ministry and the country's top economic planner.

The PBOC vowed to keep liquidity "reasonably" ample and urged financial regulators to implement differentiated policies to small and micro enterprises, such as tolerance differentiation of their non-performing loans, according to the notice.

Amid protracted COVID curbs and a property slump, signs of weakness are emerging across the economy as exports fell and new bank lending tumbled.

Beijing and several other major cities reported record COVID-19 infections on Monday, heaping more pressure on authorities to quell outbreaks quickly while also trying to reduce the impact on people's lives and on economic activity.

China is due to release October activity data on Tuesday with analysts expecting slower growth for industrial output and retail sales compared with September.

Leave your comment
HOT AUTO TRADE BOT SOFTWARE adver right
APPROVED BROKERS
net_home_top HOT AUTO TRADE BOT SOFTWARE
28-11-2022 13:06:56 (UTC+7)

EUR/USD

1.0352

-0.0043 (-0.41%)

Summary

↑ Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (8)

Sell (0)

EUR/USD

1.0352

-0.0043 (-0.41%)

Summary

↑ Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (8)

Sell (0)

GBP/USD

1.2053

-0.0040 (-0.33%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

USD/JPY

138.25

-0.85 (-0.61%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (0)

Sell (10)

AUD/USD

0.6674

-0.0075 (-1.11%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (10)

USD/CAD

1.3458

+0.0081 (+0.61%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (6)

Sell (2)

EUR/JPY

143.13

-1.46 (-1.01%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (0)

Sell (8)

EUR/CHF

0.9799

-0.0027 (-0.27%)

Summary

↑ Buy

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (7)

Sell (1)

Gold Futures

1,749.30

-4.70 (-0.27%)

Summary

Neutral

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (8)

Sell (1)

Silver Futures

21.207

-0.223 (-1.04%)

Summary

Neutral

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (6)

Sell (2)

Copper Futures

3.5540

-0.0765 (-2.11%)

Summary

Buy

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (7)

Sell (1)

Crude Oil WTI Futures

74.03

-2.25 (-2.95%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (9)

Sell (0)

Brent Oil Futures

81.29

-2.42 (-2.89%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (9)

Sell (0)

Natural Gas Futures

7.136

-0.194 (-2.65%)

Summary

↑ Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (1)

Sell (6)

US Coffee C Futures

164.40

+1.65 (+1.01%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (0)

Sell (9)

Euro Stoxx 50

3,962.41

+0.42 (+0.01%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (2)

S&P 500

4,026.12

-1.14 (-0.03%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (5)

Sell (2)

DAX

14,541.38

+1.82 (+0.01%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (3)

Sell (2)

FTSE 100

7,486.67

+20.07 (+0.27%)

Summary

↑ Buy

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (6)

Sell (1)

Hang Seng

17,196.00

-377.58 (-2.15%)

Summary

Neutral

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (4)

Sell (1)

US Small Cap 2000

1,869.19

+6.37 (+0.34%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (5)

Sell (2)

IBEX 35

8,416.60

+37.20 (+0.00%)

Summary

Sell

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (1)

Sell (6)

BASF SE NA O.N.

49.605

-0.280 (-0.56%)

Summary

Neutral

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (4)

Sell (4)

Bayer AG NA

55.45

-0.06 (-0.11%)

Summary

Sell

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (0)

Sell (6)

Allianz SE VNA O.N.

205.35

+0.40 (+0.20%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (8)

Sell (1)

Adidas AG

123.98

-2.68 (-2.12%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (1)

Sell (5)

Deutsche Lufthansa AG

7.567

+0.036 (+0.48%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (1)

Sell (9)

Siemens AG Class N

132.06

+1.10 (+0.84%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (1)

Deutsche Bank AG

10.390

+0.020 (+0.19%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (6)

Sell (0)

 EUR/USD1.0352↑ Buy
 GBP/USD1.2053↑ Buy
 USD/JPY138.25↑ Sell
 AUD/USD0.6674↑ Sell
 USD/CAD1.3458↑ Buy
 EUR/JPY143.13↑ Sell
 EUR/CHF0.9799↑ Buy
 Gold1,749.30Neutral
 Silver21.207Neutral
 Copper3.5540Buy
 Crude Oil WTI74.03↑ Buy
 Brent Oil81.29↑ Buy
 Natural Gas7.136↑ Sell
 US Coffee C164.40↑ Sell
 Euro Stoxx 503,962.41↑ Buy
 S&P 5004,026.12Neutral
 DAX14,541.38↑ Buy
 FTSE 1007,486.67↑ Buy
 Hang Seng17,196.00Neutral
 Small Cap 20001,869.19↑ Buy
 IBEX 358,416.60Sell
 BASF49.605Neutral
 Bayer55.45Sell
 Allianz205.35↑ Buy
 Adidas123.98Neutral
 Lufthansa7.567↑ Sell
 Siemens AG132.06↑ Buy
 Deutsche Bank AG10.390↑ Buy
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,640/ 6,710
(6,640/ 6,710) # 1,472
SJC HCM6,655/ 6,735
(-5/ -25) # 1,497
SJC Hanoi6,655/ 6,737
(-5/ -25) # 1,499
SJC Danang6,655/ 6,737
(-5/ -25) # 1,499
SJC Nhatrang6,655/ 6,737
(-5/ -25) # 1,499
SJC Cantho6,655/ 6,737
(-5/ -25) # 1,499
Cập nhật 28-11-2022 13:06:58
Xem lịch sử giá vàng SJC: nhấn đây!
ↀ Giá vàng thế giới
$1,749.69-1.26-0.07%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩmVùng 1Vùng 2
RON 95-V24.91025.400
RON 95-III23.78024.250
E5 RON 92-II22.67023.120
DO 0.05S24.80025.290
DO 0,001S-V26.78027.310
Dầu hỏa 2-K24.64025.130
ↂ Giá dầu thô thế giới
WTI$74.09+2.022.65%
Brent$81.29+2.152.58%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD24.580,0024.850,00
EUR24.959,9426.355,23
GBP29.041,9330.277,62
JPY173,62183,79
KRW15,9719,46
Cập nhật lúc 12:12:23 28/11/2022
Xem bảng tỷ giá hối đoái
adver main right