Saturday, January 23, 2021
Tags Chinese bank

Tag: Chinese bank

Baidu Cloud and Du Xiaoman Financial Enter Cooperative Agreement with Yillion Bank

Tech giant Baidu is teaming up with north-eastern online lender Yillion Bank to explore new models for internet finance.

China Construction Bank Becomes Second Big Four Lender to Launch Wealth Management Subsidiary

China Construction Bank (CCB)  has joined the ranks of Chinese lenders with plans to establish their own wealth management subsidiaries. On 16 November CCB issued...

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Users of Everbright’s Cloud-Driven Utilities Payment Platform Exceeded Half a Billion in 2020

China Everbright Bank has seen users of its cloud-based utilities payments service surge in 2020, as the COVID-19 pandemic drove sharp gains...

China Unlikely to See Real Estate Loan Rates Decline in 2021 as LPR Holds Steady for Ninth Month Straight

Domestic analysts say that Chinese banks are unlikely to significantly reduce rates for real estate loans in 2021, as regulators continue to...

Chinese Central Bank Unveils Anti-Trust Measures Permitting Break up of Third-Party Payments Platforms

The People's Bank of China (PBOC) will have the power to recommend the dismantling of third party payments platforms under new measures...

Pinduoduo Owner Applies for Payments Trademark

A major shareholder in NASDAQ-listed agricommerce platform Pinduoduo has applied with Chinese authorities to register a Pinduoduo-related payments trademark.