Thursday, April 15, 2021
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Banking

China Minsheng Bank Wins Industry Award for Innovative Fintech Applications

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A leading joint-stock bank has taken out a top industry award for fintech innovation in China.
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Banking

Everbright Group and Minsheng Bank Enter Strategic Cooperative Agreement

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State-owned giant China Everbright Group has entered a cooperative partnership with Hong Kong-listed China Minsheng Bank.
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Banking

Direct Banking the Necessary Path for Chinese Finance: Minsheng White Paper

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A recent white paper on direct banking in China highlights the need for traditional lenders to provide more diversified online services, as...
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Banking

Minsheng Bank Sees Direct Banking Customers Exceed 19 Million as It Positions Itself as Fintech Lender

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Chinese commercial lender China Minsheng Bank has seen its direct banking clients breach the 19 million threshold as it seeks to position...
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Banking

China Minsheng Bank “Fully Embraces” Blockchain Technology

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China Minsheng Bank has emerged as one of the most enthusiastic adopters of blockchain technology in the Chinese banking sector, as lenders...
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Banking

Minsheng Bank Hails Dawn of Direct Banking 3.0 in China

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One of China's leading commercial lenders says direct banking is entering a new era of development as the country's financial institutions experiment...
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Banking

China Minsheng Bank Opens Flagship Fintech Branch in Beijing

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One of China's leading commercial banks has opened a "flagship fintech branch" in the Beijing tech sector hub of Zhongguancun. The Zhongguancun branch of China Minsheng...
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Finance

China Could Invest USD$10 Trillion in Belt and Road Infrastructure

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China could pour as much as USD$10 trillion into infrastructure projects for its much-vaunted Belt and Road initiative over the next four to five...
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Banking

China Minsheng Bank Hit with $4.2mn Fine for Selling 3bn Yuan in Fake Wealth Management Products

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One of China's leading private banks has been hit with a heavy fine for the issuance of fake wealth management products to clients. China Minsheng...
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Most Read

Chinese Central Bank Appoints 48 Year-old Deputy Mayor of Chongqing as New Deputy Governor

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The People's Bank of China (PBOC) has just expanded its senior leadership cohort with the addition of a new deputy governor drawn...
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Beijing Cracks Down on Local Finance Platforms, Demands “Peeling Away” of Government Funding Role, Bankruptcies for Insolvent Firms

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The State Council of China has issued new regulations concerning the handling of local finance platforms in a bid to stymie their...
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Chinese CPI Bounces Back into Positive Territory in March

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China's consumer price index (CPI) resumed positive YoY growth in March, as the domestic economy continues to recover from the impacts of...
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Renminbi Lending Increases USD$1.17 Trillion in First Quarter of 2021

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Chinese banks extended over USD$1.1 trillion in new loans in the first quarter of 2021 according to the latest data from the...
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