Saturday, April 17, 2021
Tags Agricultural Development Bank of China

Tag: Agricultural Development Bank of China

Chinese Policy Bank ADBC Enters Cooperative Agreement with Alibaba’s Online Lender MYBank

Agricultural Development Bank of China (ADBC) and Alibaba-backed MYBank have launched what is reportedly the first comprehensive strategic partnership between a policy...

Agricultural Development Bank of China Issues over 50 Billion Yuan in Coronavirus Emergency Loans

One of China's big three policy banks has provided over 50 billion yuan in emergency loans to help deal with the impacts...

MYBank Teams up with Chinese Policy Bank to Boost Financial Inclusion in Xiong’an

Ant Financial-backed online lender MYBank (网商银行) has become the first financial institution to team up with a new micro-loan body launched in...

Banking Regulator Tightens Risk Controls for Policy Banks

The China Banking Regulatory Commission has launched new measures to contain risk exposure for the country's three policy banks. The measures which come into effect...

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...

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Actually Used Foreign Investment in China Rises Nearly 40% in First Quarter, New Foreign Invested Enterprises up 47.8%

China has seen a surge in foreign investment in the first quarter of 2021 compared to the same period in 2020, with...

China’s Q1 GDP Surges 18.3% YoY, Two Year Average Growth Rate at 5.0%

Chinese GDP in the first quarter of 2021 has seen a surge compared to the same period last year, given the low...

MLF Rates Remain Unchanged for 13th Consecutive Month as Chinese Monetary Policy Stresses Stability

The Chinese central bank's open market operations (OMO) have kept the rate for medium-term instruments unchanged for over a year, with analysts...

PBOC Reiterates Commitment to Anti-trust Enforcement in Chinese Payments Sector, Development of Cross-border Payments

The Chinese central bank has stressed its commitment to enforcing anti-trust measures in China's payment sector, as well as efforts to improve...