Saturday, October 31, 2020
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China Construction Bank Enters Cooperative Agreement with Baidu to Leverage Artificial Intelligence Capabilities

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

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

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

China Construction Bank’s Credit Card Users Exceed 100 Million

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

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

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

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

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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...
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Banking

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

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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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Fintech

China Construction Bank Launches Blockchain-driven Refactoring Platform

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One of China's big six state-owned banks is applying blockchain technology to its refactoring operations.
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Banking

China Construction Bank Foresees Accelerated Blockchain Deployment

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A senior executive from one of the big four state-owned banks has flagged the accelerated deployment of the latest fintech innovations such...
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Banking

Digital Retail Solutions Provider Dmall Enters Strategic Cooperative Agreement with China Construction Bank

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Digital retail systems developer Dmall has entered a cooperative agreement with one of China's big state-owned banks.
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Banking

China Construction Bank Enters Poverty Alleviation Agreements with Central State-owned Enterprises

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One of China's big four state-owned banks has just executed a slew of agreements with central state-owned enterprises (SOE's) for cooperation in...
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Anhui Province Undertakes Trial Scheme for SME Emergency Loans to Enteprises Affected by COVID-19 and Flooding

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The inland Chinese province of Anhui has announced the start of a trial scheme for the provision of emergency loans to local...
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ByteDance Establishes Artificial Intelligence Subsidiary in Fujian Province

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ByteDance, the company behind social media giant TikTok, has just established a tech subsidiary in Fujian province whose business scope includes artificial...
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Alibaba Unveils Plan for Greater Digitisation of Cross-border Trade

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Chinese e-commerce giant Alibaba has unveiled an ambitious new plans to support the use of e-commerce by small businesses.
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Lending to Private Enterprise Increases 5.4 Trillion Yuan During Jan – Sep Period: CBIRC

Banking CBNEditor - 0
The latest data from the China Banking and Insurance Regulatory Commission (CBIRC) points to a sizeable increase in lending to private enterprises...
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