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China’s Banking Regulator At a Loss to Explain Absence of Senior Official

The conspicuous absence of one of the China Banking Regulatory Commission's top officials has raised eyebrows in the Chinese press, given the recent ousting...

Big Five Banks Dominate Chinese Property Lending, NPL’s Under 1%

New data indicates that the overwhelming majority of China's home loans are held by the country's big five banks, and that their non-performing ratio is below 1%. 21st Century...

Beijing Flags Support for Private and Foreign Investment in New Joint-venture Banks

China's senior-most government bodies have flagged further support for the participation of private and foreign capital in the establishment of joint-venture banks in economic trial...

Bond Holdings Comprise Over 20% of All Assets at Key Chinese Banks

The bond holdings of leading Chinese lenders continue to grow unabated in terms of both volume and percentage of total assets, prompting intensified scrutiny from banking regulators. The...

Online Finance is Changing the Role of China’s Physical Banks

As mobile and online banking platforms surge in popularity, Chinese lenders are changing the nature and staff structure of their branch operations. China's leading banks are already abuzz with talk of...

CBRC Sets its Sights on Interbank Lending

China's banking regulator is taking aim at the use of the country's interbank lending market to engage in what it refers to as "regulatory arbitrage." Over the...

Zheshang Securities Accused of Losing Client 30mn Yuan on Share Speculation

An investor in the Jiangsu-province city of Changzhou has taken Zheshang Securities to court over losses worth 30 million yuan that were sustained under an investment advisory...

Leading Lenders Penalised over Foreign Exchange Infractions

A slew of China's leading banks have been implicated in foreign exchange infractions involving roughly USD$1.3 billion in funds over just the past several years. According to some...

M2 Year-on-Year Growth Expected to Hit 11.2% in March

On the eve of the release of key economic and financial data by China's central bank, economists foresee an expansion in the M2 money supply...

17 Lenders Fined for Illicit Transfer of NPL’s

Bank of Communications and Ping An Bank are amongst 17 major lenders hit with administrative penalties by the China Banking Regulatory Commission for the illicit transfer...

New Online Settlement Platform Could Help Chinese Fintechs Sidestep Banks

China has just launched the trial run of its "Non-banking Payment Organisation Internet Payment Settlement Platform" (非银行支付机构网络支付清算平台), in a move which is set to shake up...

CSRC Flags Greater Regulation of Dividend Issuance

The head of China’s security regulator has mooted greater regulation of dividend distribution and bonus issues by listed companies. Liu Shiyu, the secretary of the party committee of...

Latest stories

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...

China’s Loan Prime Rate Unchanged for 14th Consecutive Month in June

The benchmark rate for the Chinese banking sector has held steady for the 14th consecutive month in the month of June. 

Guangxi Rural Credit Society Becomes 14th Chinese Bank to Establish Fintech Subsidiary

A rural lender in the south-western province of Guangxi has become the latest banking sector financial institution in China to launch its...

Chinese Central Bank Calls for Greater Adoption of Legal Entity Identifiers as Part of Financial Digitisation and Opening

A senior official from the Chinese central bank has called for driving the increased used of global legal entity identifiers (LEI's) in...