On November 4, the central bank announced that support for stock repurchases to increase holdings and reloans is aimed at 21 national banks and 5 systemically important commercial banks. In comparison, 5 systemically important city commercial banks have been added to this policy. The reporter combed through and found that the Bank of Ningbo, the Bank of Jiangsu, the Bank of Shanghai, the Bank of Nanjing, and the Bank of Beijing have added refinancing support agencies. The reporter confirmed the above information from a number of commercial bankers in the city. A person from an urban commercial bank told reporters that this is a big breakthrough for the bank and will help further broaden financing channels for listed companies and major shareholders through the use of regional banks' customer resources and territorial service capabilities.

Zhitongcaijing · 1d ago
On November 4, the central bank announced that support for stock repurchases to increase holdings and reloans is aimed at 21 national banks and 5 systemically important commercial banks. In comparison, 5 systemically important city commercial banks have been added to this policy. The reporter combed through and found that the Bank of Ningbo, the Bank of Jiangsu, the Bank of Shanghai, the Bank of Nanjing, and the Bank of Beijing have added refinancing support agencies. The reporter confirmed the above information from a number of commercial bankers in the city. A person from an urban commercial bank told reporters that this is a big breakthrough for the bank and will help further broaden financing channels for listed companies and major shareholders through the use of regional banks' customer resources and territorial service capabilities.