Tuesday, January 26, 2021
Tags Chinese banking sector assets

Tag: Chinese banking sector assets

Assets of China’s Banking Sector Rise 10.5% YoY at End of 3rd Quarter

The latest offical data from the People's Bank of China (PBOC) points to to robust growth in the assets of the Chinese...

Asset Growth of China’s Banking Sector Plunges Following Shadow Banking Crackdown

The Chinese banking sector has seen a sharp decline in asset growth following a crackdown on various forms of shadow banking.

Chinese Banking Sector Assets up 7.5% YoY at End of July

Chinese banks held assets worth 254.3 trillion yuan (approx. USD$37 trillion) as of the end of July according to figures released by the China...

Most Read

Chengdu to Issue 50M Yuan in Digital Renminbi via Record-sized Lottery

The Sichuan province capital of Chengdu is the latest Chinese city to stage trials for the issuance of the digital renminbi via...

Automaker Geely Establishes Fintech Investment Vehicle

Privately held automaker Zhejiang Geely Holding Group (浙江吉利控股集团有限公司) is seeking to expand its presence in the fintech sector with the launch of...

China Authorises 530,000 Patents in 2020, Patent Pledge Financing Rises over 43% YoY

The China National Intellectual Property Administration (CNIPA) says it approved 530,000 patents in 2020, bringing the total number of domestic patents in...

Shanghai Pudong Development Bank Opens Fintech Research Facility in Singapore to Focus on Blockchain, AI and API Development

Municipal lender Shanghai Pudong Development Bank (SPD Bank) has become the first joint-stock bank in China to establish an innovation centre...