Friday, April 16, 2021
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Tag: Bank of Hangzhou

Banking

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

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

Bank of Hangzhou Grabs Approval for Wealth Management Subsidiary

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

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

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

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

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

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

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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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Most Read

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

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The People's Bank of China (PBOC) has just expanded its senior leadership cohort with the addition of a new deputy governor drawn...
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Beijing Cracks Down on Local Finance Platforms, Demands “Peeling Away” of Government Funding Role, Bankruptcies for Insolvent Firms

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The State Council of China has issued new regulations concerning the handling of local finance platforms in a bid to stymie their...
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Chinese CPI Bounces Back into Positive Territory in March

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China's consumer price index (CPI) resumed positive YoY growth in March, as the domestic economy continues to recover from the impacts of...
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Renminbi Lending Increases USD$1.17 Trillion in First Quarter of 2021

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