ANBOUND: Foreign Reserve Could Be the ATM For Policy Banks
ANBOUND
Anbound's research team is of the view that following the advancement of the Belt and Road initiative and the local development projects, the issue surrounding the policy banks’ capital adequacy ratio could be prolonged, causing the need for a long term and stable replenishment channel.
Based on the recent indications, it is highly likely that the nations’ foreign reserve has been tasked with this mission.