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teaserteam

22-11-2022, 10:35 AM
To help property sectors in China. They r providing 200billion yen or USD 28 billion interest free support to the banks.

https://www.bloomberg.com/news/articles/...markets-vp

revealer

22-11-2022, 12:09 PM
This is a 52 Trillion Yen Property bubble. The banks have so far lost about 1.5 Trillion yen or USD 200 billion. This PBOC's rescue package of USD 28 billion interest free loan is just enough to cover 1/10 or the banks' losses.

https://www.bloomberg.com/news/articles/...y-ubs-says
SG Talk > SG Talk > Market Talk > PBOC Urge Banks to Stablise Lending