Friday, March 5, 2021

CBNEditor

5041 POSTS0 COMMENTS

China’s Bond Market Shrinks as Non-standard Financing Surges

The latest data on social financing in China shows that the Middle Kingdom bond market posted negative growth over a recent quarter-long period. During the period from...

CCTV Host Bristles Over Penalty Rate on CCB Credit Card

  A prominent Chinese television host has sought to draw attention to what he considers to be unfair credit card practices on the part of the...

Financial Management Revenue Leaps Amongst Listed Chinese Banks

Revenue derived from financial management product posted strong gains amongst China’s listed banks last year. Most of China’s financial institutions saw only modest net profit gains...

Demand Deposit Rates at China’s Big Five Banks All Below Benchmark

  The latest data points to a widespread decline in account rates since the end of 2016, with demand deposit rates provided by China's big five...

Agricultural Development Bank of China Expands into Maritime Lending

The Agricultural Development Bank of China has flagged ambitious plans to expand its provision of credit to ocean-related economic activities. The two parties executed the "State Oceanic Administration...

SPD Execs See Light at the End of the Tunnel for Non-performing Loans

Senior figures from Shanghai Pudong Development Bank had frank words to dispense about the problem of non-performing loans in the Chinese banking sector. At the release...

SPD Denies Losing 160bn Yuan to Shell Companies in Chengdu

Shanghai Pudong Development Bank (SPD) has countered claims that the bank's Chengdu branch was defrauded of billions of yuan. Chinese media reports from early April claimed...

Shenyang’s Municipal Bank Achieves Double Digit Growth in 2016

Amidst an increasing challenging environment for the Chinese banking sector, Shenyang-based Shengjing Bank managed to pull-off double-digit revenue growth in 2016. Shengjing Bank's full year net profits...

BOC Launches Two Issues of Non-performing Asset Backed Securities

Bank of China launched its first two issues of non-performing asset backed securities at the end of March, including the lender's first issue of securitised...

BComm Public Relations Exec Sentenced to 6 Years for Corruption

The People's Court of Shanghai's Pudong Development Zone has sentenced a former senior executive with Bank of Communications to 6 years jail for receiving...

TOP AUTHORS

5041 POSTS0 COMMENTS

Most Read

China’s Biggest Bank Flags Commitment to Green Finance

A senior executive from the Industrial and Commercial Bank of China (ICBC) - China and the world's biggest bank in terms of...

Digital Renminbi to Integrate with Chinese Blockchain System “Chang’an Chain”

The People's Bank of China (PBOC) - being the Chinese central bank - plans to integrate the Digital Renminbi with a locally...

ByteDance Applies for Registration of “BytePay” Trademark

TikTok-owner ByteDance appears intent on expanding the range of online services and products it provides with its application to register aNOTHER payments-related...

China’s Banking Regulator Highlights Success of Risk Containment Efforts in 2020, Focal Points for Policy in 2021

The head of China's banking regulatory has touted the progress of effort to contain risk in the Chinese financial system, while also...