Tags Chinese credit

Tag: Chinese credit

Banking

2020 Full Year Renminbi New Lending to Approach USD$2.82 Trillion: Chinese Central Bank Governor

CBNEditor - June 19, 2020 0

People's Bank of China (PBOC) chief Yi Gang (易纲) forecasts copious credit growth in 2020 following the economic impacts of the COVID-19...

Banking

New Renminbi Lending at 905.7 Billion Yuan in February, M2 Rises 8.8% YoY

CBNEditor - March 12, 2020 0

The People's Bank of China (PBOC has just released its latest round of figures on China's monetary system in the month of...

Banking

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

CBNEditor - January 9, 2020 0

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

Finance

Chinese Central Bank Revokes Business Filings for Wanda Credit, Three Other Credit Firms in Shanghai

CBNEditor - January 2, 2020 0

The Shanghai branch of the People's Bank of China (PBOC) has announced the revocation of the credit business filings for four credit...

Economy

PBOC Report Highlights Accelerated Growth in Financial Inclusion Loans

CBNEditor - October 30, 2019 0

A report from the Chinese central bank points to accelerated growth in financial inclusion loans.

Economy

Outstanding Total Social Financing up 10.7% YoY in August

CBNEditor - September 12, 2019 0

The latest data from the Chinese central bank points to a more than 10% rise in outstanding total social financing for the...

Economy

Total Social Financing Increases 13.23T Yuan in H1 2019, up 3.18T Yuan YoY

CBNEditor - July 14, 2019 0

The latest figures from the Chinese central bank point to a sizeable YoY rise in total social financing in the first half...

Banking

Beijing Plans to Downgrade Personal Credit Ratings for Eating and Drinking on Subway System

CBNEditor - April 27, 2019 0

The municipal government of Beijing has unveiled plans to punish the credit ratings of citizens for improper behaviour on the metro system....

Banking

Per Capita Bank Card Ownership in China Hit 5.46 in 2018, Average Card Spending at 12,200 Yuan

CBNEditor - March 19, 2019 0

A new report from the Chinese central bank on the domestic payments points to an ongoing rise in per capita bank card...

Banking

Chinese Debt to Expand in 2019 Yet Shadow Banking Risk on the Wane: Morgan Stanley

CBNEditor - February 23, 2019 0

US investment bank Morgan Stanley expects China's debt-to-GDP ratio to continue to rise in 2019, yet management of risk by the Chinese...

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Shanghai Pudong Development Bank Opens Fintech Research Facility in Singapore to Focus on Blockchain, AI and API Development

Fintech CBNEditor - January 26, 2021 0

Municipal lender Shanghai Pudong Development Bank (SPD Bank) has become the first joint-stock bank in China to establish an innovation centre...

Tag: Chinese credit

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