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Tuesday, November 24, 2020
Tags Chinese banking sector

Tag: Chinese banking sector

Banking

Tencent’s WeBank Highlights Four Key Trends in Chinese Banking Sector

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The head of Tencent-backed online lender WeBank has highlighted four major trends for China's banking sector as the impact of fintech adoption...
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Banking

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

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

China’s Big Six State-owned Banks See Double Digit Net Profit Decline Following COVID-19

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The big state-owned banks in China have seen a major drop in net profits due to the impacts of the COVID-19 pandemic...
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Banking

China’s Big State-owned Banks Fined for Lending and Wealth Management Infractions

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The China Banking and Insurance Regulatory Commission (CBIRC) has just issued fines to two of country's big state-owned banks for irregular conduct....
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Banking

China’s Banking Regulator Warns US Monetary Policy is Eroding International Financial Stability, Could Trigger Global Crisis

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China's top banking sector regulator has sounded a warning over the potentially disastrous fallout of US monetary policy decisions for dealing with...
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Banking

China’s 51 Listed Banks Had NPL Ratio of 1.6% at End of 2019

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A new report from the China Banking Association (CBA) sheds light on the health of China's listed lending institutions as of the...
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Banking

Chinese Central Bank Outlines Policy Focal Points for Second Half of 2020

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The People's Bank of China (PBOC) has just convened a teleconference meeting on work arrangements and key policy concerns for the second...
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Banking

China Banking Association Releases Sector Development Report for 2020

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The peak body for the Chinese banking sector has just released its latest report on its development in 2020.
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Banking

Shanghai Banking Sector Announces “Financial Services Initiative” to Stabilise Foreign Trade and Investment

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The peak body for the Shanghai banking sector has unveiled a new initiative aimed at shoring up foreign trade and investment during...
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Banking

Central Bank Researchers Warn of Negative Growth in Chinese Banking Profits

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A research team from the People's Bank of China (PBOC) anticipates a poor faring for the Chinese banking sector in 2020 as...
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JDD and Tencent Hail Digitisation as Key Driver of Chinese Economy Post COVID-19

Economy CBNEditor - 0
China's online tech giants point to digital transformation as a primary driver of economic growth and recovery in the wake of the...
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Chinese Commercial Banks Issue Nearly 600B Yuan in Tier-2 Capital bonds as Smaller Lenders Continue to Face Pressure

Banking CBNEditor - 0
Commercial banks in China have stepped up efforts to replenish their capital levels via bond issuance since the start of 2020.
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Digital Renminbi Will Break Big Data Monopolies, Replace All Forms of Traditional Money: Bank of China Senior Exec

Fintech CBNEditor - 0
A former senior executive with one of China's big six state-owned banks has highlighted the major impacts that the digital renminbi will...
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China’s Per Capita Income to Leap 56 Places in Global Rankings by 2025, Exceed USD$25,000

Economy CBNEditor - 0
China's global ranking in terms of per capita incomes is expected to surge over the next half-decade according to data from Bloomberg...
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