PBoC looks to fund small biz with second TMLF
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Asia

PBoC looks to fund small biz with second TMLF

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The People’s Bank of China (PBoC) rolled out a Rmb267.4bn ($39.8m) one year targeted medium-term lending facility (TMLF) on Wednesday. The move echoes a push by Chinese regulators for commercial banks to lend more to small and micro-sized enterprises.

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