Issued by:    People's Bank of China and State Administration of Foreign Exchange
Issue No.:    Yinfa [2026] No. 72
Release Date:    April 15, 2026
Effective Date:    April 15, 2026
Links:   https://www.safe.gov.cn/safe/2026/0415/27357.html

To support Chinese enterprises in "going global" and to promote the international use of the RMB, the Notice makes the following two adjustments:
1.  Raising the ceiling on outstanding balance of overseas loans: (1) Increase the overseas lending leverage ratio of domestic foreign-funded banks from 0.5 to 1.5; (2) Raise the leverage ratio of the Export-Import Bank of China from 3 to 3.5; (3) Increase the ceiling on banks' outstanding balance of overseas loans from RMB 2 billion to RMB 10 billion.
2.  Optimizing regulatory requirements for indirect lending: Where domestic banks extend funds to overseas banks to indirectly grant local and foreign currency loans with a term of over one year to overseas enterprises, the overseas banks may handle such loans in accordance with the relevant laws and regulations of their home jurisdictions. The previous restriction under Article 7 of Circular Yinfa [2022] No. 27, which required overseas banks to comply with domestic rules, is abolished.