皇冠体育app

2011-02-21 15:37

BEIJING聽- 皇冠体育app has not yet set a timetable for allowing bank deposit rates to be set by market forces, Reuters reported Monday, citing the country's top banking regulator Liu Mingkang.

According to the report, Liu's comments came after the central bank denied a report saying聽that it had begun a pilot scheme to liberalise deposit rates.

Meanwhile, according to Liu,聽Chinese banks are projected to make a total profit of 700-800 billion yuan ($106.6-121.8 billion)聽this year. He did not provide聽a comparative figure,聽it reported.

皇冠体育app currently sets a ceiling on deposit rates and a floor on lending rates, the report said..