Central Bank: When the net outflow balance of cross-border interbank financing in RMB reaches 80% of the limit, a warning alert should be issued.
The People's Bank of China issued a notice regarding the relevant matters of RMB cross-border interbank financing business of banking financial institutions. Domestic banks are not allowed to lend out RMB funds to overseas institutions in excess of the net lending limit for RMB cross-border interbank financing. Domestic banks should establish an internal warning prompt mechanism, and when the net lending balance of RMB cross-border interbank financing reaches 80% of the limit, they should issue a warning prompt to the relevant business department.
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