Thursday, January 28, 2021
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Tag: Bank of Communications Bank

Chinese Banks Bet Big on the Potential of Blockchain Technology

A slew of Chinese banks have made major forays into the use of blockchain technology since the start of 2018, as China emerges as...

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China Construction Bank Issues over $3 Billion in Small Business Loan Bonds

One of China's big state-owned banks plans to step up financial inclusion lending with the proceeds of its latest bond issue.

Banks Behind over 90% of China’s 80 Fintech Sandbox Projects

Banking sector financial institutions have emerged as the main force behind projects included in the fintech regulatory "sandboxes" launched by multiple cities...

Chinese Central Bank’s Credit Reference Center Amasses Data on over 1.1 Billion People

The Credit Reference Center (CRC) of the People's Bank of China (PBOC) says it has amassed credit information on more than one...

Alipay, JD.com Remove All Bank Deposit Products from Sale via Online Platforms

China's Internet finance giants have completed the full withdrawal of bank deposit products from sale to both old and new customers via...