Tuesday, January 19, 2021
Tags Chinese big state-owned banks

Tag: Chinese big state-owned banks

Banking

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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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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Most Read

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

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The People's Bank of China (PBOC) has highlighted the removal of all of the country's P2P lending platforms in 2020 as part...
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NDRC Flags Active Fiscal Policy, Increased Spending on New Infrastructure in 2021

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China's chief planning authority has outlined a raft of its policy intentions for 2021, as the national economy continues to recover from...
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China’s GDP Breaches 100 Trillion Yuan Threshold after Posting 2.3% Growth in 2020, Disposable Income up 4.7%

Economy CBNEditor - 0
Official data points to growth of over 2% in Chinese GDP in 2020 despite the adverse economic impacts of the COVID-19 pandemic....
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China Bans Banks from Selling Depository Products via Third Party Online Platforms

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