Tuesday, October 27, 2020
Tags Agricultural Bank of China

Tag: Agricultural Bank of China

Banking

China’s Big State-owned Banks Fined for Lending and Wealth Management Infractions

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The China Banking and Insurance Regulatory Commission (CBIRC) has just issued fines to two of country's big state-owned banks for irregular conduct....
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Banking

China’s Big Five State-owned Banks Have All Set up Their Own Fintech Subsidiaries

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Five of China's established big state-owned banks have already launched their own fintech subsidiaries amidst a broader shift towards adoption of fintech...
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Fintech

Agricultural Bank of China Launches Test App for Central Bank Digital Currency

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One of China's big state-owned banks has launched the trial version of a mobile app that appears to support the People's Bank...
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Banking

Agricultural Bank of China Appoints Ex-head of Exim Bank of China as President

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One of China's big six state-owned lenders has appointed a Bank of China-veteran and former policy-bank head as its new president.
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Banking

China’s Big Four Banks Accelerate Lending in September

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Official data points to expanded lending by China's long-standing big state-owned four banks in the month of September.
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Banking

Jilin Province Appoints Agricultural Bank of China Exec as Vice-governor

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The trend of appointing senior executives from state-owned banks to top regional political positions is continuing in China, with Jilin the latest...
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Banking

Agricultural Bank of China’s Executive Director Resigns

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A top executive from one of China's big six state-owned banks has just resigned from his position.
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Banking

Ministry of Finance Transfers 10% of AgBank, ICBC Holdings to Social Security Fund

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China is accelerating the transfer of state-owned holdings in major banks to the country's social security system.
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Banking

President of Exim Bank on Track to Head Agricultural Bank of China

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One of China's big six state-owned banks is on track to appoint the former head of one of the country's three policy...
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Banking

Agricultural Bank of China Becomes Fifth Big Lender to Obtain Approval for Wealth Management Operations

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Big six state-owned lender Agricultural Bank of China (ABC) has become the latest member of the Chinese banking sector to obtain approval...
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Industrial IoT Financing the Next “Blue Ocean” for Chinese Fintech: Huang Qifan

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The former mayor of Chongqing municipality Huang Qifan (黄奇帆) expects Industrial Internet of Things (IIoT) financing to be the next major area...
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Legal Changes Expand Power of Chinese Central Bank, Confer Official Recognition to Digital Renminbi

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Proposed amendments to the law governing the Chinese central bank are expected to confer it with greater sway and authority within China's...
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Jack Ma Calls for Replacing “Pawnshop Mentality” of Traditional Banks with Big Data-based Credit System

Fintech CBNEditor - 0
Alibaba-founder Jack Ma has decried the collateral focus of traditional banks in the Chinese financial system, calling instead for the use of...
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Digital Lender XWBank Sees Q3 Profits Rise 32%

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Sichuan-based direct lender XWBank has seen a sharp on-quarter rise in its profits in the third quarter of 2020, as China makes...
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