The head of the world’s biggest bank in terms of assets has stressed the critical importance of big data and fintech to future operations. More »
China’s shadow banking sector has been heavily squeezed by ongoing government pressure according to a new report from ratings agency Moody’s. More »
China Everbright Bank has become the first joint-stock bank in China to obtain approval from the Chinese banking regulator to commence operation of its wealth management subsidiary. More »
A new report from the People’s Bank of China (PBOC) points to over 500% growth in rural-related bank loans since the launch of the metric in 2007. More »
China is expected to soon welcome its 19th private lender following the issuance of key regulatory approvals. More »
Hong Kong-listed regional lender Bank of Tianjin has seen a sharp rise in its first half earnings. More »
China’s top financial regulators are mooting a ban on financial marketing and sales by unlicensed operators. More »
State-owned giant China Everbright Group has entered a cooperative partnership with Hong Kong-listed China Minsheng Bank. More »
A leading regional lender has obtained approval from the Chinese authorities to establish its own wealth management subsidiary. More »
Ridesharing giant DiDi Chuxing has ambitions to expand its presence in the Chinese financial and fintech sectors with the launch of its own private bank in northern China. More »
A group of rural commercial banks situated in the Yangtze River Delta region have unveiled plans to increased interbank cooperation. More »
New data from China’s peak body for the banking sector points to a sizeable rise in mobile and online banking transactions in 2018. More »
