PEOPLE'S BANK OF CHINA
Business Summary
People's Bank of China is the central bank of China. The Bank's main functions consist of formulating and implementing monetary policy; maintaining national financial security; issuing Renminbi (RMB) and administering RMB's circulation; regulating inter-bank lending market and inter-bank bond market; administering foreign exchange and regulating inter-bank foreign exchange market; regulating gold market; managing the state treasury; guiding and organizing the anti-money laundering work of the financial sector and monitoring relevant fund flows; administering credit reporting industry, as well as providing account settlement services for branches of commercial banks, among others.
Country of Incorporation
China
Incorporation Date
1948-12-01
Business Sector
Banking & Investment Services
Company Address
No.32 Chengfang Street, Xicheng District
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