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ICBC’s Chief Economist Call for Inclusion of Climate Change in Banking Risk Regulation, Setting of Carbon Neutrality Timetables

The top economist at China and the world's biggest bank in terms of assets has called for banks to take climate change...

Beijing Issues China’s First Publicly Offered REIT for Waste Management Facility

The Chinese capital has just issued the country's first publicly offered real estate investment trust (REIT) with the help of municipal lender...

PBOC Issues New Assessment Measures for Green Financing by Chinese Banks

The Chinese central bank has released a new set of assessment measures for green financing undertaken by banking sector financial institutions, amidst...

Chinese Central Bank Hails Growth of Green Finance in China

The People's Bank of China (PBOC) has highlighted rapid growth in green financing following a push for development of the sector in...

Financing for Rural Communities Included in Assessments of Chinese Banks

China's banking authorities hope to drive financing of rural communities via the inclusion of related efforts in assessment measures.

ICBC Grabs Approval from China’s Banking Regulator to Appoint New Vice President

China's biggest bank in terms of assets has secured approval from the country's banking regulator to appoint a new vice-president.

China’s Privately Operated Banks May Scramble for Funds as Regulators Step up Pressure on Deposit Interest Rates

Interest rates for deposit products offered by China's privately operated banks have sunk in the wake of heightened regulatory scrutiny, leading to...

China Everbright Group and CITIC Group Apply for Conversion into Financial Holding Companies

Two of China's leading financial conglomerates have applied with the Chinese central bank for conversion into financial holding companies, amidst a push...

Chinese Central Bank to Launch Climate-related Financial Disclosure Requirements, Drive Green Transformation of Domestic Lenders

The governor of the People's Bank of China (PBOC) says it will implement ambitious new climate change disclosure requirements in collaboration with...

Agricultural Bank of China Issues Guidelines for Accelerating Green Finance Growth

One of China's big six state-owned banks has issued a new directive to drive the accelerated development of its green finance operations....

China Development Bank Makes First Dollar Bond Issue Domestically in Six Years

One of China's three policy banks has just made its return to the country's interbank dollar bond market following a hiatus of...

Industrial Bank Raises $922 Million for Carbon Mitigation Projects via Offshore Debt Issue

The Hong Kong branch of Industrial Bank Co., Ltd. has issued two medium-term notes on the offshore market to raise funds for...

Latest stories

Alibaba Invests USD$15 million in Launch of “Smart Finance” Digital Subsidiary

Chinese e-commerce giant has Alibaba just launched a new wholly invested fintech subsidiary helmed by a senior executive from its Ant Group-backed...

PBOC to Issue 5 Billion Yuan in 6-month Central Bank Bills on 24 June in Hong Kong

The People's Bank of China (PBOC) has announced plans for a new issue of central bank bills (CBB) via Hong Kong on...

Structured Deposits at Chinese Banks Drop to New Low for 2021 in May

Outstanding structured deposits of Chinese banks have further fallen to a new low for the year following a crackdown on use of...

Bank of China Commits to Development of New Blockchain Applications

A senior tech executive from one of China's big state-owned banks has stressed the lender's commitment to the development and application of...