Thursday, July 29, 2021

Monthly Archives: May, 2017

CBRC Raises the Bar for Loan Collateral

The China Banking Regulatory Commission has stepped up collateral requirements for loans as part of ongoing efforts to combat risk in the Chinese financial sector. On 8...

Bank of Communications Boosts Executive Remuneration

Remuneration growth for executives is heavily outpacing that for rank and file staff at one of China's biggest banks, with staff ousted for corruption amongst the chief...

Lenders Shy Away from Interbank Operations

Chinese banks are cutting back on their interbank lending and finance operations in response to a heavy crackdown by financial regulators. Considered a major segment of the Chinese...

Chinese Shadow Banking Sector Surged 21% in 2016: Moody’s

A new study from Moody's points to surging growth in China's shadow banking sector, which skyrocketed by more than a fifth in 2016. Ratings agency Moody's...

China’s First Foreign Asset Fund Favours Bond Market

The first, and thus far only, wholly-foreign owned private asset management company in China plans to make its debut on the market with a bond...

Shanghai Regulator Hits Local Banks with a Raft of Penalties

The Shanghai branch of China's banking regulators has just issued a slew of administrative penalties to the local branches of several key lenders, including China...

Banking Crackdown Triggers Jitters Amongst Investors

A heavy-handed crackdown on the lending sector by the recently appointed head of the China Banking Regulatory Commission is causing concern amongst investors about...

Foreign Reserves Climb for Third Consecutive Month

China's foreign reserves have risen for the third consecutive month, with Chinese officials hailing a stabilisation in cross-border capital flows. Data released by the People's Bank...

One Belt One Road Will Spur RMB Internationalisation: PBOC Head

The head of the Chinese central bank has highlighted the key role that the One Belt One Road initiative will play in advancing internationalisation of the RMB. In...

Chinese Banks Post Rare Drop in Non-interest Earnings

A new report notes that the Chinese banking sector posted a rarely seen decline in non-interest revenues in Q1 2017. Data released by the Bank...

Most Read

Ministry of Industry and Information Technology Launches Six Month Crackdown on China’s Internet Sector

The Chinese central government has launched a far-reaching six month crackdown on China's massive online economy, in the wake of aggressive action...

China’s Smaller Banks Achieve Breakthroughs in Fintech Adoption: KPMG

Research from international consultancy KPMG highlights rapid growth in the adoption of fintech by Chinese banks at the smaller end of the...

China’s Cloud Computing Market Grew over 56% in 2020: CAICT White Paper

A new white paper on China's cloud computing sector from one of the country's leading science and technology think tanks indicates that...

Bank of Communications Grabs Approval for $9.22 Billion Tier-2 Capital Bond Issue

One of China's big state-owned banks had cinched approval for a new issue of bonds to shore up its capital levels.