Sunday, January 24, 2021
Tags China Guangfa Bank

Tag: China Guangfa Bank

Fintech

Tencent Teams up with Visa, Guangfa Bank to Launch China’s First Foreign Currency Credit Card

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Tech giant Tencent has teamed up with Visa and China Guangfa Bank (CGB) to issue a collaborative credit card that can process...
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Banking

Record Fine for China Guangfa Prompts Calls for Inclusion of Fintech Giants in MPA’s

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A recent online bond selling scandal which incurred the biggest ever fine issued by China's banking regulator has triggered calls for the country's leading...
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Banking

China Guangfa Bank Embeds Credit Card in Fintech Smart Watch

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As part of efforts to forge ahead in the mobile payments market, China Guangfa Bank has released a new fintech smart watch that comes embedded...
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Tencent Drops Advertising Veteran Lau Seng Yee from Roster of Top Executives

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Chinese tech giant Tencent has removed a veteran advertising executive from the line-up of its senior-most personnel, as online companies in China...
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Ant Group and Others Engage in Monopoly Conduct, But “Regulatory Discussions” Will Not Affect Normal Development: CBIRC

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The Chinese banking regulator has sought to reassure the broader market that China's business environment for private enterprises will not be adversely...
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Chinese Banks See Net Profits Decline 1.8% in 2020

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China's banking sector saw a sizeable decline in its net profits for 2020 amidst the adverse economic impacts of the COVID-19 pandemic....
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Tencent Expects Cloud Computing to Be Essential Infrastructure for Finance, Domestic Market to Soon Hit 80B Yuan

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A senior executive from Chinese tech giant Tencent forecasts that cloud computing will be a key area of development for China's fintech...
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