Investment access eased for bank's wealth units

The latest regulation on net capital management of commercial banks' wealth management subsidiaries encourages the subsidiaries to invest in standard and high-grade assets, operate in a prudent manner, and avoid expanding business blindly, analysts said.

The China Banking and Insurance Regulatory Commission has fixed the net capital threshold for commercial lenders' wealth management subsidiaries at 500 million yuan ($71 million) and 40 percent of the subsidiaries' net assets.

Net capital of the subsidiaries should also be no less than 100 percent of the risk capital, according to a regulation for trial implementation released by the CBIRC on Monday.



Investment access eased for bank's wealth units

Investment access eased for bank's wealth units

Investment access eased for bank's wealth units

Investment access eased for bank's wealth units
Investment access eased for bank's wealth units
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