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PBOC to monitor wealth management products

By Bloomberg | China Daily | Updated: 2016-10-27 07:29

China's central bank is conducting a trial monitoring of banks' off-balance-sheet wealth-management products under its macro-prudential assessment system, banking sources said.

The WMPs will be included in calculating broad-based credit, the sources said, asking not to be identified discussing non-public information.

Currently, the products aren't included in the assessment framework, and it's not clear when or if the People's Bank of China will add them, the sources said.

PBOC to monitor wealth management products

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