Friday, October 30, 2020
Tags China Construction Bank

Tag: China Construction Bank

Tencent Teams up with Big State-owned Bank to Launch Fintech Lab in Shenzhen

Tech giant Tencent has unveiled plans to launch a new fintech lab with one of China's big six state-owned banks.

Combined Profits of China’s Big Six Banks Exceed 1 Trillion Yuan in 2018

The cumulative profits of China's big six state-owned banks breached the one trillion yuan threshold in 2018 on the back of healthy...

China Construction Bank President Wang Zuji Set to Resign, Chongqing Vice-mayor Liu Guaping Tipped to Succeed

The head of one of China's big four state-owned banks is set to depart from his position, with a senior official from...

China Construction Bank to Trial Facial Scan Payments on Shanghai Trams

One of China's big four state-owned banks plans to trial the use of biometric payments on trams in the Zhangjiang Hi-tech Park...

Bank of China and CCB Garner Approval for Wealth Management Subsidiaries

Two of China's big four state-owned banks have obtained approval from Beijing to launch their own wealth management subsidiaries. In mid-November Bank of China became...

China Construction Bank Says No More Money in Property Due to High Prices

The chairman of one of China's big four state-owned banks says that there is no more money to be made in property investment due...

CCB Opens Its Own University in Beijing

One of China's big state-owned banks has launched its own university in Beijing. On 17 December the China Construction Bank (CCB) announced the official establishment...

China Construction Bank Applies Fintech to Smart Car Park Payments in Gansu Province

China Construction Bank (CCB) is using fintech to increase the ease and convenience of car park payments for patrons. CCB teamed up with Haifa Tingche...

China Construction Bank Becomes Second Big Four Lender to Launch Wealth Management Subsidiary

China Construction Bank (CCB)  has joined the ranks of Chinese lenders with plans to establish their own wealth management subsidiaries. On 16 November CCB issued...

Big Data Could Be the Key to Boosting Bank Financing of Chinese Private Enterprise

The chair of one of China's big four state-owned banks has pointed to big data as a key area of fintech for overcoming impediments...

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Anhui Province Undertakes Trial Scheme for SME Emergency Loans to Enteprises Affected by COVID-19 and Flooding

The inland Chinese province of Anhui has announced the start of a trial scheme for the provision of emergency loans to local...

ByteDance Establishes Artificial Intelligence Subsidiary in Fujian Province

ByteDance, the company behind social media giant TikTok, has just established a tech subsidiary in Fujian province whose business scope includes artificial...

Alibaba Unveils Plan for Greater Digitisation of Cross-border Trade

Chinese e-commerce giant Alibaba has unveiled an ambitious new plans to support the use of e-commerce by small businesses.

Lending to Private Enterprise Increases 5.4 Trillion Yuan During Jan – Sep Period: CBIRC

The latest data from the China Banking and Insurance Regulatory Commission (CBIRC) points to a sizeable increase in lending to private enterprises...