Sunday, April 18, 2021
Tags Chinese bank fines

Tag: Chinese bank fines

CBIRC Hits Minsheng Bank, Guangfa Bank, Huaxia Bank and Two Others with $46.8M in Fines

The China Banking and Insurance Regulatory Commission (CBIRC) has announced the imposition of hefty penalties upon a total of five Chinese financial...

China’s Banking Regulator Issues 40 Million Yuan in Fines to Lenders in May

The China Banking and Insurance Regulatory Commission (CBIRC) has stepped up scrutiny of malfeasance in the banking sector, issuing at least 40...

Over 50 Chinese Banks Fined for Home Loan Infractions in 2019

The China Banking and Insurance Regulatory Commission (CBIRC) has kept up the pressure on the Chinese banking sector in 2019 with the...

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Actually Used Foreign Investment in China Rises Nearly 40% in First Quarter, New Foreign Invested Enterprises up 47.8%

China has seen a surge in foreign investment in the first quarter of 2021 compared to the same period in 2020, with...

China’s Q1 GDP Surges 18.3% YoY, Two Year Average Growth Rate at 5.0%

Chinese GDP in the first quarter of 2021 has seen a surge compared to the same period last year, given the low...

MLF Rates Remain Unchanged for 13th Consecutive Month as Chinese Monetary Policy Stresses Stability

The Chinese central bank's open market operations (OMO) have kept the rate for medium-term instruments unchanged for over a year, with analysts...

PBOC Reiterates Commitment to Anti-trust Enforcement in Chinese Payments Sector, Development of Cross-border Payments

The Chinese central bank has stressed its commitment to enforcing anti-trust measures in China's payment sector, as well as efforts to improve...