Saturday, January 16, 2021
Tags CCB

Tag: CCB

CCB Opens Its Own University in Beijing

One of China's big state-owned banks has launched its own university in Beijing. On 17 December the China Construction Bank (CCB) announced the official establishment...

China Construction Bank Fined After Personal Loans Used for Stock and Property Investment

The municipal branch of one of China's big four state-owned banks has incurred a significant fine from the local banking regulator after funds obtained...

Growth in NPL’s Amongst China’s Big Four Banks Eases

China’s big four banks are pursuing concerted measures to reduce non-performing loans as economic expansion eases and profit growth slows down. The latest slew of...

China’s Big Four Banks Whittle Away at Their Branches

China's big four state-owned banks are paring back on their regional branches as part of efforts to cut down on costs. Last year Agricultural Bank of...

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China’s Biggest Bank Opens up to Applications for Digital Renminbi Wallets in Shenzhen

The Industrial and Commercial Bank of China (ICBC) is making digital renminbi wallets available to consumers in the southern tech hub of...

Chinese Central Bank Outlines Efforts to Improve Execution of Monetary Policy

A senior official from the People's Bank of China (PBOC) has published a paper on its official website outlining current plans to...

Foreign Investors Raise Holdings on China’s Interbank Bond Market by over 1 Trillion Yuan in 2020

The latest data from the Chinese central bank points to a sharp rise in investment by foreign institutional investors on China's interbank...

Shenzhen Finance Sector Sees Total Deposits Exceed 10 Trillion Yuan

Financial institutions based in Shenzhen have just seen their deposit levels rise to record-breaking levels.