Thursday, October 22, 2020
Tags Bank of Communications

Tag: Bank of Communications

Banking

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

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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...
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Fintech

BOCOM Brings Chinese Banking Sector Fintech Subsidiaries to 12 in Total

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

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

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

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

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

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

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

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

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

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

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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...
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Banking

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

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

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

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

Bank of Communications to Establish Fintech Subsidiary

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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

Fintech CBNEditor - 0
The People's Bank of China (PBOC) has just helped local authorities in the Guangdong province city of Huizhou to crack a cross-border...
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Chinese Central Bank’s Digital Currency Research Institute Enters Strategic Cooperation with China’s Rural Credit Clearing Centre

Fintech CBNEditor - 0
The Digital Currency Research Institute of the People's Bank of China (PBOC) has entered a strategic cooperative agreement with the Rural Credit...
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Chinese Housing Prices Enter the “10,000 Yuan Era”

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Domestic analysts say that the Chinese housing market has just seen average prices rise permanently above the threshold of 10,000 yuan (approx....
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NDRC Is “Confident” Chinese Economy Will Meet Annual Targets for 2020, Says Employment Has Risen Nearly 9M Since Start of Year

Economy CBNEditor - 0
China's National Development and Reform Commission (NDRC) says it is confident that the Chinese economy will satisfy the full-year targets set by...
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