Thursday, October 22, 2020
Tags Bank of Communications

Tag: Bank of Communications

Fintech Means Banks Are No Longer Each Other’s Only “Competitive Adversaries”, Blockchain Is a Huge Shock: BOCOM Chief

The head of one of China's big six state-owned banks has highlighted the competitive threat posed by non-traditional lenders in the era...

BOCOM Brings Chinese Banking Sector Fintech Subsidiaries to 12 in Total

Bank of Communications (BOCOM) has become the latest big state-owned lender in China to establish its own fintech vehicle, bringing the number...

Internationalisation of the Renminbi Will Require Digitisation: BOCOM Head Liu Jun

The head of one of China's big state-owned banks said that digitisation of the renminbi will be a necessary part of efforts...

Bank of Communications Enters Strategic Cooperative Agreement with Sichuan Big Data Centre

One of China's big state-owned banks has entered a strategic agreement with a provincial big data provider, in a move which has...

Veteran of China’s Postal Service Tapped to Head Big State-owned Bank CCB

The top ranks of China's big state-owned banks are about to undergo a significant reshuffle, with a senior exec from Bank of...

PBOC’s Credit Reference Centre Enters Cooperative Agreement for Accounts Receivable Financing Platform

The Chinese central bank's credit agency has announced that it will work with three of China's leading banks on the operation of...

Bank of Communications Becomes Fifth Big State-owned Lender to Grab Privately Offered Fund License

Five of China's six big state-owned banks have grabbed licenses from regulators for their debt-equity conversion vehicles to operate privately offered investment...

48-Year-Old Liu Jun Appointed President of Bank of Communications, Youngest Head of State-owned Bank

The Bank of Communications has appointed the youngest ever head of a big state-owned bank in China.

Bank of Communications Valued at USD$110 Billion by HSBC, over Twice Current Market Capitalisation

Figures from HSBC indicate that one of China's big six state-owned banks is still grossly undervalued by the market.

Bank of Communications to Establish Fintech Subsidiary

Big state-owned lender Bank of Communications (BOCOM) has unveiled plans to establish its own fintech subsidiary, following the lead of Bank of...

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Chinese Central Bank Helps Crack Cross-border Gambling Case Involving Tether Stablecoin

The People's Bank of China (PBOC) has just helped local authorities in the Guangdong province city of Huizhou to crack a cross-border...

Chinese Central Bank’s Digital Currency Research Institute Enters Strategic Cooperation with China’s Rural Credit Clearing Centre

The Digital Currency Research Institute of the People's Bank of China (PBOC) has entered a strategic cooperative agreement with the Rural Credit...

Chinese Housing Prices Enter the “10,000 Yuan Era”

Domestic analysts say that the Chinese housing market has just seen average prices rise permanently above the threshold of 10,000 yuan (approx....

NDRC Is “Confident” Chinese Economy Will Meet Annual Targets for 2020, Says Employment Has Risen Nearly 9M Since Start of Year

China's National Development and Reform Commission (NDRC) says it is confident that the Chinese economy will satisfy the full-year targets set by...