Monday, October 26, 2020
Tags Agricultural Development Bank of China

Tag: Agricultural Development Bank of China

Banking

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

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

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

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

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

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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...
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Banking

Banking Regulator Tightens Risk Controls for Policy Banks

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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...
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Banking

Agricultural Development Bank of China Expands into Maritime Lending

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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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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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