Wednesday, January 20, 2021
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Tag: China Construction Bank

China Construction Bank Obtains Full Banking License in Singapore

One of China's big state-owned lenders has just obtained a full banking license from the Singaporean government as Beijing pushes for bilateral...

China Construction Bank Withdraws from Digital Bond Issuance Due to “Over-excitement” in Cryptocurrency Circles

One of China's big six state-owned banks has withdrawn from plans to issue digital bonds in collaboration with a digital assets exchange...

China Construction Bank Helps Issue Blockchain-based Digital Bonds in Malaysia, Denies Acceptance of Bitcoins for Transactions

One of China's big six state-owned banks is helping to issue blockchain-based bonds in the Malaysian tax haven of Labuan.

China Construction Bank Chief Liu Guiping Appointed Deputy Governor of Chinese Central Bank

The former head of one of China's big six state-owned banks has just been made a senior official with the People's Bank...

China Construction Bank Enters Cooperative Agreement with Baidu to Leverage Artificial Intelligence Capabilities

Big state-owned lender China Construction Bank (CCB) and tech giant Baidu have executed a strategic cooperative agreement that focuses on the application...

China’s Big State-owned Banks Fined for Lending and Wealth Management Infractions

The China Banking and Insurance Regulatory Commission (CBIRC) has just issued fines to two of country's big state-owned banks for irregular conduct....

China Construction Bank’s Credit Card Users Exceed 100 Million

Big state-owned lender China Construction Bank (CCB) has announced that the number of its credit card users has exceeded the 100 million...

Veteran of China’s Postal Service Tapped to Head Big State-owned Bank CCB

The top ranks of China's big state-owned banks are about to undergo a significant reshuffle, with a senior exec from Bank of...

Senior Execs at China Construction Bank, China Merchants Bank Resign for Age-related Reasons

Two of the senior-most executives from a leading big state-owned bank and a top joint-stock lender in China have resigned from their...

Baoshang Bank to Be Re-constituted as “Mengshang Bank,” CCB and Huishang to Serve as Key Shareholders

Beleaguered Inner Mongolian lender Baoshang Bank is set to be reconstituted and rebranded with the participation of some of China's leading regional...

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KPMG Releases List of China’s Top 50 Fintech Companies in 2020

Accounting giant KPMG has just released its latest list of the leading fintech companies in China.

China’s State-owned Enterprises to Pursue Greater International Cooperation Post-COVID-19

The State Assets Supervision and Administration Commission (SASAC) hopes to expedite the expansion of Chinese state-owned enterprises (SOE's) into cooperative projects in...

Beijing Aims for Internet of Things Security Standards by 2022

The Chinese central government says it will drive the creation of security standards for Internet of Things (IoT) technology in China over...

TikTok’s Chinese Counterpart Confirms Addition of Online Payments Function

Douyin, the Chinese counterpart to social media giant TikTok, has confirmed that it is now capable of providing payments functions following the...