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Thursday, November 26, 2020
Tags China Construction Bank

Tag: China Construction Bank

Big Five Banks Dominate Chinese Property Lending, NPL’s Under 1%

New data indicates that the overwhelming majority of China's home loans are held by the country's big five banks, and that their non-performing ratio is below 1%. 21st Century...

Big Banks Vie for a Piece of Xiongan New District

Leading financial institutions are competing for footholds in the Xiongan New District, an urban area which is set to be three times the size of New...

CCTV Host Bristles Over Penalty Rate on CCB Credit Card

  A prominent Chinese television host has sought to draw attention to what he considers to be unfair credit card practices on the part of the...

CCB’s NPL Rate Drops to 1.52%

China Construction Bank's 2016 annual report indicates a slight uptick in net profits as well as a marginal decrease in non-performing loans. According to the...

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Structured Deposits of Chinese Banks See Record Drop of over 1 Trillion Yuan in October

Structured deposits at Chinese banks have posted a record monthly drop for 2020 in October after rising to unprecedented levels earlier in...

Ningbo Launches Trials of Blockchain-driven Insurance Claims System

The Zhejiang-province port city of Ningbo has kicked off trials for the use of blockchain technology to automate the processing of insurance...

PBOC Steps up Pressure on Chinese Payments Platforms with Doubling of Penalty Amounts

The Chinese central bank has heightened its scrutiny of the payments sector with a sharp increase in the value of penalties imposed...

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One of China's big six state-owned banks has withdrawn from plans to issue digital bonds in collaboration with a digital assets exchange...