Friday, April 16, 2021
Tags Bank of Hangzhou

Tag: Bank of Hangzhou

Bank of Hangzhou Becomes First Chinese Bank to Achieve QR Code Integration with NetsUnion

Efforts to integrate China's QR code payments systems continues, with regional lender Bank of Hangzhou announcing that it has achieved compatibility with...

Bank of Hangzhou Grabs Approval for Wealth Management Subsidiary

Bank of Hangzhou's wealth management subsidiary has obtained approval from local regulators to commence operation.

Bank of Hangzhou Becomes First Municipal Lender to Obtain Approval for Wealth Management Subsidiary

Bank of Hangzhou has just become the first municipal commercial bank in China to garner approval from regulators for its own wealth...

Bank of Hangzhou’s Direct Banking Clients Surge 113.69% in 2018

Municipal lender Bank of Hangzhou posted a surge in its direct banking clients in 2018.

Bank of Hangzhou, Bank of Qingdao Obtain Approval for P2P Depository Business

Bank of Hangzhou and Bank of Qingdao have joined the ranks of Chinese banks who have obtained official approval for P2P lending depository business. The...

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Chinese Central Bank Appoints 48 Year-old Deputy Mayor of Chongqing as New Deputy Governor

The People's Bank of China (PBOC) has just expanded its senior leadership cohort with the addition of a new deputy governor drawn...

Beijing Cracks Down on Local Finance Platforms, Demands “Peeling Away” of Government Funding Role, Bankruptcies for Insolvent Firms

The State Council of China has issued new regulations concerning the handling of local finance platforms in a bid to stymie their...

Chinese CPI Bounces Back into Positive Territory in March

China's consumer price index (CPI) resumed positive YoY growth in March, as the domestic economy continues to recover from the impacts of...

Renminbi Lending Increases USD$1.17 Trillion in First Quarter of 2021

Chinese banks extended over USD$1.1 trillion in new loans in the first quarter of 2021 according to the latest data from the...