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Laws and Regulations Database of the Central Bank of the Republic of China-Circulars

Circulars

Summary:The minimum required ratio of liquid reserve Open new window for Chinese

Ref. No:1978.6.30 (67) Tai-Yang-Ye-Tze No. 0788

Subject: 
The CBC hereby raises the minimum required ratio of liquid reserve for banks to 
seven percent (7%), effective from July 1, 1978.

Explanations: 
This announcement is made in accordance with Article 43 of the Banking Act of the 
Republic of China.

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