Saturday, April 10, 2021
Tags Chinese big state-owned banks

Tag: Chinese big state-owned banks

Three of China’s Big State-owned Banks Still Leaderless Following Spate of Resignations

Several of China's big state-owned banks are still awaiting the replacement of their top executives following a spate of resignations since November....

Big State-owned Bank Reportedly Launches Digital Renminbi Wallet Trials in Shanghai

Domestic media reports that trials of the digital renminbi have commenced in Shanghai with the participation of one of China's big state-owned...

Agricultural Bank of China Appoints Youngest Chief amongst Big State-owned Banks

The newly appointed party secretary of Agricultural Bank of China (ABC) is the youngest holder of the position amongst China's original big...

Big State-owned Banks Expand Recruitment to Help Deal with China’s Biggest Ever Wave of College Grads

China's big state-owned banks are dramatically stepping up their hiring of new recruits despite a dive in net profits in the first...

48-Year-Old Liu Jun Appointed President of Bank of Communications, Youngest Head of State-owned Bank

The Bank of Communications has appointed the youngest ever head of a big state-owned bank in China.

Two Senior Execs from Big State-owned Banks Appointed Vice-governors of Northern Chinese Provinces

Chinese authorities have announced the appointment of two senior executives from big state-owned banks to top leadership positions in provincial governments.

Combined Profits of China’s Big Six Banks Exceed 1 Trillion Yuan in 2018

The cumulative profits of China's big six state-owned banks breached the one trillion yuan threshold in 2018 on the back of healthy...

China’s Big Five Banks Saw Net Profits of 957.3B Yuan in 2018, Municipal and Rural Banks Step up Small Business Lending

Official data points to robust profits for the big five state-owned banks of Agricultural Bank of China, Bank of China, Bank of...

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Digital Renminbi Makes Its Debut on Renmin University Campus

Ongoing trials of China's Digital Renminbi have brought the central bank digital currency to one of the country's most prestigious tertiary institutions....

China’s Services Exports Surge over 20% since Start of 2021, Imports Plunge by More Than 18%

China has seen a sharp rise in its exports of services since the start of 2021, in tandem with a plunge in...

Liquidity to Come Under Modest Pressure in April Following Funds Contraction of 30 Billion Yuan in March

Liquidity in the Chinese finance system is expected to come under modest pressure in the month of April as a result of...

China Co-chairs G20 Sustainable Finance Study Group with United States

China will play a leading role in efforts by the G20 to develop solutions for the challenges faced by the global sustainable...