Zhongxin Finance, January 18th. Regarding whether it is possible to continue to cut the reserve requirement in January, Liu Guoqiang, deputy governor of the People's Bank of China, responded at a press conference of the State Council Information Office on the 18th that the room for further adjustment of the deposit reserve ratio in the next step will change. Small, but still some room.
Liu Guoqiang said that with regard to the reserve ratio, in 2021, the People's Bank of China will cut the reserve requirement ratio by 0.5 percentage points in July and December respectively, releasing 2.2 trillion yuan of long-term funds. The long-term funds optimize the capital structure of financial institutions, reflecting the The ability of finance to serve the real economy.
"After the RRR cut, the current average deposit reserve ratio of financial institutions is 8.4%, this level is not high, whether it is compared with other developing economies or with our historical deposit reserve ratio, it should be said that the deposit reserve ratio The level of the rate is not high, and the room for further adjustment in the next step has become smaller. But from another perspective, the space has become smaller, but there is still a certain space. We can use it according to the economic and financial operation and the needs of macro-control. ."(Finish)