Tuesday, January 26, 2021
Tags CBRC

Tag: CBRC

CBRC Chief Guo Shuqing Set to Head Merged Banking, Insurance Authority: Caixin

Guo Shuqing, chief of the China Banking Regulatory Commission, is set to head the newly formed joint banking and insurance authority according to a...

CBRC Calls for Financial Inclusion Loan Growth to Outpace Other Credit

The China Banking Regulatory Commission is pushing for lenders to accelerate the growth of financial inclusion loans that target disadvantaged rural areas by providing...

Shadow Bankers Search for Provincial Authorities to Dodge Regulatory Crackdown

Chinese shadow banking groups are taking their pursuit of regulatory arbitrage to remote parts of the country, searching for provincial regulators who are less...

Regulator Calls for Improvements to Data Management by Chinese Banks

The China Banking Regulatory Commission hopes to improve data management on the part of the country's leader with the release of new guidelines for...

Official Document Reveals China’s Plans to Merge Banking and Insurance Authorities

An official government document indicates that China will merge the China Banking Regulatory Commission (CBRC) and the China Insurance Regulatory Commission (CIRC) according to...

Stop Major Shareholders from Controlling Banks: China Banking Regulator

The deputy head of the China Banking Regulatory Commission says that financial regulators will prevent major shareholders and "insiders" from exercising control of banks. In...

Strong Pressure Behind Rebound in Non-performing Loans: Banking Regulator

The China Banking Regulatory Commission has warned of a potential rebound in non-performing loans that could trigger systemic risk despite risk being "under control." At...

Beijing Considers Amalgamation of Banking and Insurance Regulators

The Chinese central government is reviewing a proposal to amalgamate the banking and insurance regulators according to anonymous sources speaking to the South China...

China’s Total Banking Sector Assets Exceed Quarter of a Quadrillion Yuan

Total assets in China's banking sector have continued to post robust growth in 2017, with some of the country's state-owned lenders emerging as globally...

China Will Squeeze Shadow Banking Further Following Lending Binge: Sara Hsu

Forbes contributor Sara Hsu expects China to continue to put pressure on the shadow banking sector and compel lenders to shift assets back on...

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Chengdu to Issue 50M Yuan in Digital Renminbi via Record-sized Lottery

The Sichuan province capital of Chengdu is the latest Chinese city to stage trials for the issuance of the digital renminbi via...

Automaker Geely Establishes Fintech Investment Vehicle

Privately held automaker Zhejiang Geely Holding Group (浙江吉利控股集团有限公司) is seeking to expand its presence in the fintech sector with the launch of...

China Authorises 530,000 Patents in 2020, Patent Pledge Financing Rises over 43% YoY

The China National Intellectual Property Administration (CNIPA) says it approved 530,000 patents in 2020, bringing the total number of domestic patents in...

Shanghai Pudong Development Bank Opens Fintech Research Facility in Singapore to Focus on Blockchain, AI and API Development

Municipal lender Shanghai Pudong Development Bank (SPD Bank) has become the first joint-stock bank in China to establish an innovation centre...