Saturday, March 6, 2021
Tags China CITIC Bank

Tag: China CITIC Bank

Online Lender CITIC aiBank Receives 2 Billion Yuan Investment from China CITIC Bank

Baidu-backed online lender CITIC aiBank has just received a major capital infusion from key investor China CITIC Bank.

CITIC Becomes First Chinese Bank to Use Contour’s Digitised Letter of Credit

China CITIC Bank recently became the first mainland Chinese bank to make use of the digitised letters of credit (LC) provided by...

Alibaba’s OneTouch and China CITIC Bank Launch New E-commerce Forex System

Alibaba's export platform OneTouch has teamed up with China CITIC Bank to launch a new e-commerce product for trade-related forex collection.

China CITIC Bank Grabs Approval to Commence Wealth Management Operations Via Subsidiary

Joint-stock lender China CITIC Bank has just grabbed approval from regulators for its wealth management subsidiary to commence operation.

China CITIC Bank under Investigation after Leaking Private Information of Chinese Comedian Chi Zi

The Chinese banking regulator has announced the launch of an investigation into China CITIC Bank over leakages of confidential client information following...

China CITIC Bank Launches First Private Enterprise Anti-coronavirus Asset-backed Security

China CITIC Bank has issued a new asset-backed note (ABN) with the lowest coupon rate in a three year period, as part...

Fintech in China Expected to See 1.97Tn Yuan in Annual Revenue by 2020, Reshape Micro-enterprise Finance

Leading members of China's financial sector expect fintech to completely reshape the provision of funds to small and micro-sized businesses. Speaking at the 2018 Tianfu...

Bank of China Leads Launch of Forfaiting Trade Platform Based on Consortium Blockchain

Bank of China has teamed up with China CITIC Bank and China Minsheng Bank in the development of a forfaiting trade finance platform based...

Financial Management Revenue Leaps Amongst Listed Chinese Banks

Revenue derived from financial management product posted strong gains amongst China’s listed banks last year. Most of China’s financial institutions saw only modest net profit gains...

China CITIC Bank Expands Provision of Integrated Services

China CITIC Bank is making good on its strategic ambitions to become an integrated financial services provider, with sharp growth in its scale of...

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China UnionPay Enters Agreement with Malaysian Local Government on Mobile Payments Tool

Chinese payments giant UnionPay is further expanding its overseas reach with a new mobiles payments cooperative deal in Malaysia, amidst broader efforts...

Data Emerges as Key Topic at China’s 2021 Two Sessions Meeting, Delegates Call for National Data Platform, Data Sharing by Tech Giants

Data protections and data sharing have emerged as pivotal topics at China's Two Sessions congressional event for 2021, with delegates calling for...

China’s Market for Government Blockchain Projects Booms

Efforts by Chinese local governments to improve public service offerings are playing an increasingly important role in driving the growth of the...

China Reiterates Commitment to Curbing Speculative Investment in Property

A senior official from China's Ministry of Housing and Urban-Rural Development (MOHURD) has reaffirmed its long-standing commitment to keeping a tight lid...