Tuesday, April 20, 2021
Tags Chinese bank dividends

Tag: Chinese bank dividends

Beijing Wants Banks with Coverage Ratios Above 300% to Mete out Excess as Dividends

The Chinese central government has issued a draft directive proposing that banks with high provision coverage ratios dial them down by distributing...

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Guangfa Bank Seeks to Raise 40B Yuan via New Share Issue in Anticipation of Inclusion as Systemically Important Bank

Guangzhou-headquartered commercial lender China Guangfa Bank has unveiled plans for a new share issue to shore up its capital levels.

China Construction Bank VP Lu Jiajin Expected to Assume Chairmanship of Industrial Bank Following Two Year Vacancy

The vice-president of one of China's big six state-owned banks is tipped to assume the role of chairman of a leading regional...

Chinese Central Bank Researching New Cryptocurrency and Stablecoin Regulations

The People's Bank of China (PBOC) says it is currently in the process of drafting new measures for the regulation of cryptocurrencies...

China Launches Digital Renminbi Trials in 11 Cities, Stages Seven Digital Renminbi Lotteries in Year Following Start of Testing

Pilot schemes for use of the Digital Renminbi have spread to at least ten cities around China a year following the commencement...