Saturday, January 23, 2021
Tags China Development Bank

Tag: China Development Bank

China Development Bank First Half Lending Hits 1.87 Trillion Yuan

One of China's big three policy banks has stepped up lending in the first half of 2020 to help the economy weather...

China Development Bank Launches New Liquidity Index for 7-10 Year Bonds

One of China's three main policy banks has teamed up with China Securities Index Co., Ltd. (CSI) to launch a new index...

China Development Bank to Extend over $77 Billion in Financing to Jing-Jin-Ji Region

One of China's three policy banks has announced that it will expand financing to the Jing-Jin-Ji area comprised of Beijing, Tianjin and...

China Development Bank Plans to Extend over USD$50 Billion in Credit to Greater Bay Area

One of China's three main policy banks is stepping up lending to the Greater Bay Area comprised of Hong Kong, Macau and...

China Development Bank Allocates 2 Billion Yuan in Emergency Loans to Wuhan for Combating Coronavirus

One of China's three policy banks has made an emergency allocation of funds to support efforts to combat the spread of the...

Vice-governor of Guangdong Province Appointed Head of China Development Bank

The vice-governor of Guangdong province has been appointed president of one of China's three key policy banks.

China Development Bank Extends $20 Billion in Poverty Relief Loans Since Start of 2019

One of China's three main policy banks has extended at least USD$20 billion in loans in support of poverty alleviation efforts since...

China Development Bank on Track to Provide 30B Yuan in Student Assistance Loans to 4.4 Million Students in 2019

One of China's three policy banks is expected to provide scholastic loans to over 4 million disadvantaged students in 2019.

Agricultural Bank of China President Resigns for New Post with China Development Bank

The head of one of China's big four state-owned banks has just resigned to take up a top position with one of the country's...

NDRC and China Development Bank Plan 100bn Yuan Investment in Digital Economy over Five Years

The National Development and Reform Commission (NDRC) and China Development Bank (CDB) have unveiled plans to drive 100 million yuan of investment into big...

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Users of Everbright’s Cloud-Driven Utilities Payment Platform Exceeded Half a Billion in 2020

China Everbright Bank has seen users of its cloud-based utilities payments service surge in 2020, as the COVID-19 pandemic drove sharp gains...

China Unlikely to See Real Estate Loan Rates Decline in 2021 as LPR Holds Steady for Ninth Month Straight

Domestic analysts say that Chinese banks are unlikely to significantly reduce rates for real estate loans in 2021, as regulators continue to...

Chinese Central Bank Unveils Anti-Trust Measures Permitting Break up of Third-Party Payments Platforms

The People's Bank of China (PBOC) will have the power to recommend the dismantling of third party payments platforms under new measures...

Pinduoduo Owner Applies for Payments Trademark

A major shareholder in NASDAQ-listed agricommerce platform Pinduoduo has applied with Chinese authorities to register a Pinduoduo-related payments trademark.