There are rumours that some Chinese banks are freezing some savings accounts - PBOC denies

Home

Central Banks

Central Banks

Eamonn Sheridan

23/08/2023 | 02:03 GMT

The People's Bank of China has denied reports that some banks are permanently freezing some savings accounts.

Says these rumours are not true.

Sheesh, it's a worry that such rumours are even gaining traction.

ADVERTISEMENT - CONTINUE READING BELOW

Best in 2026

Sponsored

General Risk Warning

Best Prop Firm in 2026: Detailed Comparison

Best Forex Brokers in 2026: Detailed Comparison

ADVERTISEMENT - CONTINUE READING BELOW

Telegram Community

Gain Access

Ciena hits a high as rates surge; Super Micro craters. Nasdaq feels the pain.

Investor's Business Daily

3m ago

Futures dip as traders eye risk; key contracts show consistent losses around 30 points.

Associated Press Finance

7m ago

BFH beats estimates, up 5.1% ($71.69). AXP misses, down 17.5% ($295.80). Mixed results for credit card stocks.

StockStory

12m ago

Ancora dumps $129M SEE stake despite 43% annual gains. Is it profit-taking or a warning?

Motley Fool

16m ago

Kalshi's valuation hits $22B despite legal risks; revenue soars 12x.

Finance Magnates

25m ago

US rig count dips, but oil rigs rise slightly. Brent near $110, WTI $97 amid tight supply & geopolitical risks.

Oilprice

30m ago

SoftBank's $33B Ohio AI data center aims for 10GW power. Risks: energy demand, costs. Valuation: massive scale.

Bloomberg

34m ago

Telegram Community

Gain Access

Must Read

!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}