PBC

E219725

PBC is the commonly used abbreviation for the People's Bank of China, the central bank responsible for implementing monetary policy and regulating financial institutions in China.

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PBC canonical 1

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Statements (49)

Predicate Object
instanceOf central bank
central bank
financial regulatory authority
abbreviationFor People's Bank of China
alsoKnownAs PBOC
country China
currency renminbi
linked to: Chinese yuan
established 1948
fullName People's Bank of China
governedBy State Council of the People's Republic of China
headquartersLocation Beijing
implements monetary policy in China
issues Chinese yuan banknotes and coins
renminbi
linked to: Chinese yuan
jurisdiction People's Republic of China
linked to: China
legalStatus ministry-level institution under the State Council
manages China's official foreign exchange reserves
memberOf Bank for International Settlements
monetaryPolicyTool benchmark interest rates
central bank bills
medium-term lending facility
open market operations
reserve requirement ratios
standing lending facility
nativeName 中国人民银行
nativeNameLanguage zh
oversees foreign exchange market in China
participatesIn G20 finance track
linked to: G20
predecessor Beihai Bank
Huabei Bank
Xibei Farmer Bank
regulates banking sector in China
financial institutions in China
interbank market in China
payment systems in China
reportsTo State Council of the People's Republic of China
responsibility drafting key financial laws and regulations
formulating and implementing monetary policy
issuing and managing the national currency
maintaining financial stability in China
managing China's gold and foreign exchange reserves
managing payment, clearing and settlement systems
preventing and mitigating systemic financial risks
sector public sector
shortName PBOC
supervises interbank bond market
interbank lending market
typeOfInstitution public financial institution
website http://www.pbc.gov.cn

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