Citic Everbright Bank is required to increase reserve ratio

On the afternoon of January 20, a number of sources said in Wednesday that China's Citic Bank and Everbright Bank had been lending too much in January, or had been asked to increase the reserve requirement rate by 0.5%, while at least one of the four big state-owned banks was raised.　　One source from a joint-stock bank said the central bank introduced punitive measures because of the excessive lending of commercial banks in the last half of January and the fact that they would not be subject to a full month loan or more than 2 trillion trillion yuan.　　He added that at least one of ICBC and Bank of China was also required to increase the reserve ratio by 0.5%.　　Another source said that the gap reserve ratio system was introduced to individual banks, a period of three months, will be based on the bank's lending size, non-performing loans and capital adequacy ratio, such as comprehensive consideration, differential implementation. In the face of the rapid growth in new credit this year, several commercial banks have been instructed by regulators to limit new loans for January, according to Chinese state media and bank sources earlier today. The message and dragged Hu.　　Ssec fell more than 1% per cent in early trading. The PBoC has raised the reserve requirement rate by 0.5% since January 18, the first time the reserve ratio has been adjusted since 2008, when the central bank slashed reserve ratios to cope with the international financial crisis.