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BRIEF-Bank of Ningbo gets China central bank's approval to reduce RRR by 50 bps from June 16
June 17, 2014 / 9:37 AM / 3 years ago

BRIEF-Bank of Ningbo gets China central bank's approval to reduce RRR by 50 bps from June 16

June 17 (Reuters) - Bank of Ningbo Co Ltd

* Says gets china central bank’s approval to reduce RRR (reserve requirement ratio) by 50 basis points from June 16

Source text in Chinese: link.reuters.com/xut22w

Further company coverage: (Reporting by Hong Kong and Singapore newsrooms)

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