December 15, 2017 / 4:19 AM / 8 months ago

BRIEF-Moody's Says Tightening Regulations For China's Policy Banks Will Mitigate Contingent Liabilities For Sovereign

Dec 14 (Reuters) - Moody’s:

* TIGHTENING REGULATIONS FOR CHINA’S POLICY BANKS WILL MITIGATE CONTINGENT LIABILITIES FOR SOVEREIGN, A CREDIT POSITIVE

* MOODY’S NOTES THAT THE RULES DO NOT DETAIL THE SPECIFIC CAPITAL MANAGEMENT AND RISK CONTROL MEASURES THAT WILL BE IMPLEMENTED FOR CHINA’S POLICY BANKS‍​

* MOODY'S EXPECTS CHINA'S POLICY BANKS WILL CONTINUE TO GROW AT RAPID PACE, CONSISTENT WITH GOVERNMENT'S POLICY OBJECTIVES TO INVEST IN SOCIAL INFRASTRUCTURE Source bit.ly/2AJBzCj

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