Tuesday, March 2, 2021
Tags Bank of Communications

Tag: Bank of Communications

Bank of Communications Becomes First Nationwide Bank in China to Launch Fund Investment Advisory Platform

Big state-owned lender Bank of Communications (BOCOM) has just launched a new fund investment advisory platform.

Bank of Communications Fintech Subsidiary Officially Opens for Business in Shanghai’s Nanhui New District

Big state-owned lender Bank of Communications (BOCOM) has joined the ranks of Chinese financial institutions that have established their own fintech vehicles....

Bank of Communications Completes First Offshore Issuance of Perpetual Bond by a Chinese Bank

Big state-owned lender Bank of Communications (BOCOM) has become the first Chinese bank to issue perpetual bonds offshore.

Fintech Means Banks Are No Longer Each Other’s Only “Competitive Adversaries”, Blockchain Is a Huge Shock: BOCOM Chief

The head of one of China's big six state-owned banks has highlighted the competitive threat posed by non-traditional lenders in the era...

BOCOM Brings Chinese Banking Sector Fintech Subsidiaries to 12 in Total

Bank of Communications (BOCOM) has become the latest big state-owned lender in China to establish its own fintech vehicle, bringing the number...

Internationalisation of the Renminbi Will Require Digitisation: BOCOM Head Liu Jun

The head of one of China's big state-owned banks said that digitisation of the renminbi will be a necessary part of efforts...

Bank of Communications Enters Strategic Cooperative Agreement with Sichuan Big Data Centre

One of China's big state-owned banks has entered a strategic agreement with a provincial big data provider, in a move which has...

Veteran of China’s Postal Service Tapped to Head Big State-owned Bank CCB

The top ranks of China's big state-owned banks are about to undergo a significant reshuffle, with a senior exec from Bank of...

PBOC’s Credit Reference Centre Enters Cooperative Agreement for Accounts Receivable Financing Platform

The Chinese central bank's credit agency has announced that it will work with three of China's leading banks on the operation of...

Bank of Communications Becomes Fifth Big State-owned Lender to Grab Privately Offered Fund License

Five of China's six big state-owned banks have grabbed licenses from regulators for their debt-equity conversion vehicles to operate privately offered investment...

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China Bans Regional Banks from Accepting Cross-border Deposits

The Chinese central bank has prohibited regional banks from accepting deposits from cities where they do not have physical branches, in a...

Shenzhen’s State-owned Assets Authority Grabs 23% Stake in Suning.com

The state-owned assets authority of the Shenzhen municipal government has just acquired a sizeable stake in Shenzhen-listed retail giant Suning.com (苏宁易购) via...

Chinese Mobile Internet Users Hit 986 Million

The latest official data indicates that the number of people in China who access the Internet via their mobile phones is fast...

Chinese Grain Production Rises 0.9% in 2020 to 669.49 Million Tonnes

Grain production in China edged higher in 2020 despite the adverse economic impact of COVID-19.