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Wednesday, October 21, 2020
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Chinese bank loans
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Chinese bank loans
Banking
Chinese Banks Expand Bad Debt Write Offs by 96.3 Billion Yuan in Jan-Aug Period
CBNEditor
-
September 15, 2020
0
Official data points to a sizeable expansion in efforts by Chinese banks to write-off their dud debt in 2020, as the COVID-19...
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Economy
Outstanding Total Social Financing up 10.7% YoY in August
CBNEditor
-
September 12, 2019
0
The latest data from the Chinese central bank points to a more than 10% rise in outstanding total social financing for the...
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Banking
Private Sector Accounts for over 60% of Economy Yet Just 25% of Bank Loans: CBIRC Head
CBNEditor
-
November 9, 2018
0
The party secretary of the Chinese central bank and head of the China Banking and Insurance Regulatory Commission (CBIRC) has robust targets to drive...
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Most Read
Chinese GDP Growth Rises to 0.7% in Third Quarter
Economy
CBNEditor
-
October 20, 2020
0
China's GDP growth for the first three quarters of 2020 has entered positive territory despite the initial economic impacts of the COVID-19...
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Huang Jianhui Calls for Creation of “Aircraft Carrier Fleet” of Chinese Banks and Enterprises for Expansion into Overseas markets
Banking
CBNEditor
-
October 20, 2020
0
A leading Chinese economist has called for the country's banks and enterprises to join together in a concerted effort to expand their...
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Loan Prime Rate Remains Unchanged for Sixth Consecutive Month in October
Economy
CBNEditor
-
October 20, 2020
0
China’s loan prime rate (LPR) for October has remained unchanged for the sixth consecutive month. The...
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Shenzhen Lottery Winners Use Digital Renminbi to Pump Fuel, Pay for Meals
Fintech
CBNEditor
-
October 20, 2020
0
The winners of a recent digital renminbi lottery held in the southern tech hub of Shenzhen have used some of their proceeds...
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