Sunday, January 24, 2021
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Tag: Agricultural Bank of China

Banking

Agricultural Bank of China Appoints Youngest Chief amongst Big State-owned Banks

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The newly appointed party secretary of Agricultural Bank of China (ABC) is the youngest holder of the position amongst China's original big...
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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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Users of Everbright’s Cloud-Driven Utilities Payment Platform Exceeded Half a Billion in 2020

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China Everbright Bank has seen users of its cloud-based utilities payments service surge in 2020, as the COVID-19 pandemic drove sharp gains...
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China Unlikely to See Real Estate Loan Rates Decline in 2021 as LPR Holds Steady for Ninth Month Straight

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Domestic analysts say that Chinese banks are unlikely to significantly reduce rates for real estate loans in 2021, as regulators continue to...
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Chinese Central Bank Unveils Anti-Trust Measures Permitting Break up of Third-Party Payments Platforms

Finance CBNEditor - 0
The People's Bank of China (PBOC) will have the power to recommend the dismantling of third party payments platforms under new measures...
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Pinduoduo Owner Applies for Payments Trademark

Fintech CBNEditor - 0
A major shareholder in NASDAQ-listed agricommerce platform Pinduoduo has applied with Chinese authorities to register a Pinduoduo-related payments trademark.
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