Friday, April 23, 2021
Tags Chinese credit system

Tag: Chinese credit system

Banking

China to Tighten Regulatory Scrutiny of Credit Ratings Sector

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The Chinese central government has flagged further tightening of regulation surrounding providers of credit ratings.
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Banking

Chinese Central Bank’s Credit Reference Center Amasses Data on over 1.1 Billion People

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The Credit Reference Center (CRC) of the People's Bank of China (PBOC) says it has amassed credit information on more than one...
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Finance

Pengyuan Credit Hit with Record Penalty by Chinese Central Bank for Unlicensed Operation

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The People's Bank of China (PBOC) has hit a leading Chinese credit agency with a record-breaking penalty for unlicensed business activity.
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Economy

“Substitute Data,” Blockchain and Big Data Play Key Role in Creation of Society-spanning Credit System: Chinese Central Bank

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The People's Bank of China (PBOC) has stressed the importance of alternative data sources in its efforts to create a unified credit...
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Finance

Baihang Credit Becomes Only Credit Agency in China to Hold Both Personal and Enterprise Credit Licenses

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On 13 July the Shenzhen office of the People's Bank of China (PBOC) announced that it had completed filing to allow Baihang...
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Finance

PBOC Makes Creation of “Credit System Covering All of Society” a Core Development Goal

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The Chinese central bank has outlined its near-term work goals for China's domestic credit assessment system.
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Banking

Chinese Central Bank Plans to Launch Second Generation Personal Credit System in Late January

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Sources from the People's Bank of China (PBOC) have indicated that it plans to launch its "second generation" personal credit system by...
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Fintech

Chinese Central Bank Plans to Upgrade Credit System with Integration of Business and Personal Data

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The Credit Reference Center (CRC) of the People's Bank of China (PBOC) has issued a circular flagging acceleration of system upgrades.
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Fintech

Baihang Credit Seeks Deeper Cooperation with Alibaba and Tencent

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China's personal credit agency is in discussions with two of the country's top tech giants to launch cooperative relations.
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Finance

P2P Lending Platforms to Be Fully Incorporated into Chinese Central Bank’s Credit System

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Financial regulators have unveiled plans to incorporate P2P lending platforms into China's credit system as part of efforts to address problems with...
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Most Read

Chinese Banking Sector Assets up 9.2% YoY at End of First Quarter, NPL Ratio Edges Lower

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The total assets of the Chinese banking sector saw an increase of over 9% at the end of the first quarter of...
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20 Chinese Companies Pursue US Listings in First Quarter of 2021, Funds Raised Surge over 10-Fold Despite Sino-US Tensions

Finance CBNEditor - 0
The first quarter saw a precipitous surge in funds raised by Chinese companies opting to list in the US, despite ongoing tense...
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National Fiscal Revenues in China Rise over 24% in First Quarter

Economy CBNEditor - 0
China's national fiscal revenues surged in the first quarter of 2021, as the economy continues to recover from the initial impacts of...
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Singapore’s DBS Bank Plans to Grab Biggest Stake in Leading Shenzhen Lender

Banking CBNEditor - 0
Singaporean multinational lender DBS Bank has unveiled plans to acquire over a tenth of equity in a major lender in the Shenzhen...
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