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Finance GreenWatch » 1. BANK, 2. Insurance, 3. Securities firm, 4. Asset management & Pension » China Banking Regulatory Commission issued the Green Credit Directive(Green Watershed)

China Banking Regulatory Commission issued the Green Credit Directive(Green Watershed)

 We have an encouraging news to share here. China Banking Regulatory Commission released the Green Credit Directive on 24th Feb (last Friday).

This 7- chapter and 30-provision directive for the first time establishes guidance for Chinese policy bank, commercial bank, rural cooperative bank, and rural credit cooperative regarding green credit, ranging from institutional management, policy system and capacity building, process management, internal control and transparency, to monitoring and supervision. 

Below please see the links the directive and live blog of the press briefing (in Chinese):

 

http://www.cbrc.gov.cn/chinese/home/docView/127DE230BC31468B9329EFB01AF78BD4.html

http://finance.people.com.cn/bank/BIG5/202475/239571/239572/http://finance.people.com.cn/bank/BIG5/202475/239571/239572/

Filed under: 1. BANK, 2. Insurance, 3. Securities firm, 4. Asset management & Pension