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Saturday, November 5, 2011

Institutions need to pay at least 10% of accrual of interest income risk reserve

Institutions need to pay at least 10% of accrual of interest income risk reserve (China Electronic Commerce Research Center News) November 4, People's Bank of China issued "reserve depository institution customers to pay Interim Measures (draft)", on provision for customers to pay depository institutions carried out a detailed specification . Explicit provision for the draft referred to the scope of the customer, including the payment received institutions ...Institutions need to pay at least 10% of accrual of interest income risk reserve

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