Wednesday, April 14, 2021
Tags Bank of Sichuan

Tag: Bank of Sichuan

Bank of Sichuan Opens for Business, Becomes China’s Largest Municipal Lender

The landlocked province of Sichuan has just seen the opening of the largest municipal bank in China following the merger of two...

Bank of Sichuan Grabs Approval for Establishment, On Track to Become China’s Biggest Municipal Lender

China's banking regulator has just given its approval to the launch of a new municipal lender in the central Chinese province of...

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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...