Tuesday, December 1, 2020
Tags Agricultural Bank of China

Tag: Agricultural Bank of China

China’s Big State-owned Banks Fined for Lending and Wealth Management Infractions

The China Banking and Insurance Regulatory Commission (CBIRC) has just issued fines to two of country's big state-owned banks for irregular conduct....

China’s Big Five State-owned Banks Have All Set up Their Own Fintech Subsidiaries

Five of China's established big state-owned banks have already launched their own fintech subsidiaries amidst a broader shift towards adoption of fintech...

Agricultural Bank of China Launches Test App for Central Bank Digital Currency

One of China's big state-owned banks has launched the trial version of a mobile app that appears to support the People's Bank...

Agricultural Bank of China Appoints Ex-head of Exim Bank of China as President

One of China's big six state-owned lenders has appointed a Bank of China-veteran and former policy-bank head as its new president.

China’s Big Four Banks Accelerate Lending in September

Official data points to expanded lending by China's long-standing big state-owned four banks in the month of September.

Jilin Province Appoints Agricultural Bank of China Exec as Vice-governor

The trend of appointing senior executives from state-owned banks to top regional political positions is continuing in China, with Jilin the latest...

Agricultural Bank of China’s Executive Director Resigns

A top executive from one of China's big six state-owned banks has just resigned from his position.

Ministry of Finance Transfers 10% of AgBank, ICBC Holdings to Social Security Fund

China is accelerating the transfer of state-owned holdings in major banks to the country's social security system.

President of Exim Bank on Track to Head Agricultural Bank of China

One of China's big six state-owned banks is on track to appoint the former head of one of the country's three policy...

Agricultural Bank of China Becomes Fifth Big Lender to Obtain Approval for Wealth Management Operations

Big six state-owned lender Agricultural Bank of China (ABC) has become the latest member of the Chinese banking sector to obtain approval...

Most Read

Chinese Banks to See 7% Profit Drop in 2020, NPL Ratio Set to Rise to 2%: Bank of China Report

A report from one of China's big state-owned banks foresees a sizeable drop in the profits of the Chinese banking sector as...

Qualified Domestic Institutional Investor Funds Post Bumper Performance in 2020

Qualified domestic institutional investor (QDII) funds in China have seen impressive gains in 2020 despite the global economic impacts of the COVID-19...

Microwave Giant Galanz Sues Guangdong Xinbao Following Industrial Espionage Allegations

A legal dispute has broken out between two leading home appliance makers in Guangdong province following accusations of industrial espionage involving a...

Chinese Banks Suspend Trading of Gold and Platinum Due to Concerns over Post-US Election Price Plunge

A slew of leading Chinese banks have announced the suspension of trading of gold and platinum due to concerns over market volatility...