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March 28, 2015 12:48 AM ET

Diversified Financial Services

Company Overview of The People's Bank of China

Company Overview

The People's Bank of China operates as a central bank. It engages in drafting and enforcing relevant laws, rules, and regulations. The company also formulates and implements the monetary policy in accordance with law, as well as regulates financial markets, including the inter-bank lending market, the inter-bank bond market, and the foreign exchange market and gold market. In addition, it prevents and mitigates systemic financial risks to safeguard financial stability; manages the state treasury; and maintains normal operation of the payment and settlement systems, as well as guides and organizes the anti-money laundering work of the financial sector and monitors relevant fund flows. Further...

No.32 Chengfang Street

Xi Cheng District

Beijing,  100800

China

Founded in 1948

Phone:

86 10 6619 4114

Fax:

86 10 6601 5346

Key Executives for The People's Bank of China

Governor, Head and Chairman of Monetary Policy Committee
Age: 66
Deputy Governor
Deputy Governor
Age: 50
Chief Economist
Head of Research Department
Compensation as of Fiscal Year 2014.

The People's Bank of China Key Developments

People's Bank of China Presents at Bank of America Merrill Lynch 2015 ASEAN Conference, Mar-05-2015 11:30 AM

People's Bank of China Presents at Bank of America Merrill Lynch 2015 ASEAN Conference, Mar-05-2015 11:30 AM. Venue: The Fullerton Hotel Singapore, 1 Fullerton Singapore, Singapore 049178, Singapore. Speakers: Wang Zuogang, Director of Cross-border Renminbi Affairs Division of the Monetary Policy Department II.

People's Bank of China Presents at The China Global Investment Summit: Hangzhou, Oct-16-2014 10:50 AM

People's Bank of China Presents at The China Global Investment Summit: Hangzhou, Oct-16-2014 10:50 AM. Venue: Hyatt Regency Hangzhou, Hangzhou, China. Speakers: ZHANG Jianhua, Director, Hangzhou Central Sub-branch.

OCBC Bank China Launches People's Bank of China's G2 Payment System

OCBC Bank China declared that it has shifted to the second-generation payment system of the People's Bank of China (PBOC) on July 26, 2014. OCBC Bank announced that the bank is bullish on the Chinese market and will strengthen research and development of service and products, training talents and invest more in operation and technology. The launch of new payment system will improve its overall competitiveness in China.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
October 21, 2014
Mediobanca Banca di Credito Finanziario S.p.A.
 

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