Saturday, January 23, 2021
Tags China Development Bank

Tag: China Development Bank

Banking

China Development Bank First Half Lending Hits 1.87 Trillion Yuan

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

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

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

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

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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...
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Banking

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

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

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

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

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

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

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

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

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

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

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

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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...
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Fintech

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

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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

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China Everbright Bank has seen users of its cloud-based utilities payments service surge in 2020, as the COVID-19 pandemic drove sharp gains...
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China Unlikely to See Real Estate Loan Rates Decline in 2021 as LPR Holds Steady for Ninth Month Straight

Economy CBNEditor - 0
Domestic analysts say that Chinese banks are unlikely to significantly reduce rates for real estate loans in 2021, as regulators continue to...
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Chinese Central Bank Unveils Anti-Trust Measures Permitting Break up of Third-Party Payments Platforms

Finance CBNEditor - 0
The People's Bank of China (PBOC) will have the power to recommend the dismantling of third party payments platforms under new measures...
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Pinduoduo Owner Applies for Payments Trademark

Fintech CBNEditor - 0
A major shareholder in NASDAQ-listed agricommerce platform Pinduoduo has applied with Chinese authorities to register a Pinduoduo-related payments trademark.
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