Chinese banks are preparing for a mass revaluation of loans


This is China’s Libor moment: lenders are preparing to re-rate millions of loans across China, and this month the market will get access to options to help them manage interest rate risk.

The country’s central bank has already urged banks to rate new adjustable-rate loans at the country’s Loan Prime Rate (LPR), which it reformed last August, but from March financial institutions must begin the arduous task of converting their existing adjustable-rate loans to the new

Only users who have a paid subscription or are part of a corporate subscription can print or copy content.

To access these options, as well as all other subscription benefits, please contact [email protected] or check out our subscription options here: http://subscriptions.risk.net/subscribe

You cannot currently copy this content. Please contact [email protected] to find out more.

Previous Yale global URL landing page
Next One-year-old local boy stabbed to death over blanket by 9-year-old brother