Tuesday, January 19, 2021
Tags Chinese banking sector profits

Tag: Chinese banking sector profits

Chinese Banking Sector Profits Drop 9.4% YoY, CBIRC Hails “Sacrifice” of over 870 Billion Yuan for Real Economy

Official data points to a plunge in the net profits of Chinese commercial banks in the first half of 2020, following a...

Central Bank Researchers Warn of Negative Growth in Chinese Banking Profits

A research team from the People's Bank of China (PBOC) anticipates a poor faring for the Chinese banking sector in 2020 as...

Listed Lenders Account for Nearly 90% of Chinese Banking Sector Net Profits

Listed lenders continue to heavily dominate the Chinese banking sector. The "China Listed Bank...

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Chinese Central Bank Hails Eradication of P2P Lending, “Orderly Disposal” of High-risk Financial Institutions

The People's Bank of China (PBOC) has highlighted the removal of all of the country's P2P lending platforms in 2020 as part...

NDRC Flags Active Fiscal Policy, Increased Spending on New Infrastructure in 2021

China's chief planning authority has outlined a raft of its policy intentions for 2021, as the national economy continues to recover from...

China’s GDP Breaches 100 Trillion Yuan Threshold after Posting 2.3% Growth in 2020, Disposable Income up 4.7%

Official data points to growth of over 2% in Chinese GDP in 2020 despite the adverse economic impacts of the COVID-19 pandemic....

China Bans Banks from Selling Depository Products via Third Party Online Platforms

Beijing has issued a new directive which further steps up pressure on the sale of depository products via online fintech platforms, after...