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Previous deposit reserve ratio changes in the list – Information Centre – Finance

Posted on Apr-24-2008· by


According to People's Bank of China: to strengthen the banking system liquidity management, curb the excessive growth of monetary credit, the People's Bank of China decided to November 26, 2007, deposits increased financial institutions renminbi deposit reserve ratio by 0.5 percentage points. Following is the previous deposit reserve ratio changes in the list.

Deposit reserve rate changes

Previous deposit reserve rate changes (Source: Finance site data center)

Adjustment time

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November 26, 2007

Deposit reserve ratio to 13.5%

October 25, 2007

Deposit reserve ratio to 13.0%

September 25, 2007

Deposit reserve ratio to 12.5%

August 15, 2007

Deposit reserve ratio to 12.0%

June 5, 2007

Deposit reserve ratio to 11.5%

May 15, 2007

Deposit reserve ratio to 11.0%

April 16, 2007

Deposit reserve ratio to 10.5%

February 25, 2007

Deposit reserve ratio to 10.5%

January 15, 2007

Deposit reserve ratio to 9.5%

November 15, 2006

Deposit reserve ratio to 9.0%

August 15, 2006

Deposit reserve ratio to 8.5%

July 5, 2006

Deposit reserve ratio to 8.0%

April 25, 2004

Differential deposit reserve rate system, the implementation of the 7.5 per cent deposit reserve ratio

September 21, 2003

Deposit reserve ratio to 7.0%

November 21, 1999

Transferred to deposit reserve ratio by 6.0%

March 21, 1998

Reserve from 13 percent to 8 percent lower

1988

Monetary tightening, inflation, and further increased to 13%

1987

Monetary tightening, inflation, up from 10% to 12%

1985

To overcome the statutory deposit reserve the high rate of adverse effects of reunification to 10%


(Source: Central Bank tabulation site: Finance site data center)

Finance site

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