Tuesday, October 20, 2020
Tags Bank of Hainan

Tag: Bank of Hainan

China Railway Investment to Acquire 12% Stake in Bank of Hainan

The investment vehicle of China's state-owned railway company has agreed to acquire a sizeable stake in the top regional lender for Hainan...

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Loan Prime Rate Remains Unchanged for Sixth Consecutive Month in October

Chi­na’s loan prime rate (LPR) for October has re­mained un­changed for the sixth consecutive month.  The...

Shenzhen Lottery Winners Use Digital Renminbi to Pump Fuel, Pay for Meals

The winners of a recent digital renminbi lottery held in the southern tech hub of Shenzhen have used some of their proceeds...

Chinese Central Bank Digital Currency Seen Driving Cross-border Payments, Renminbi Internationalisation

Chinese experts see the central bank digital currency (CBDC) as a vital means of facilitating cross-border transactions and expediting the internationalisation of...

Regulators Driving Remote Account Opening – What Banks Need to Know

By Stanley Yu, Director, Hong Kong, Fenergo COVID-19 has radically transformed the financial services industry across APAC. With forced...