Saturday, October 31, 2020
Tags Chinese direct banks

Tag: Chinese direct banks

CITIC aiBank Says over 60% of Employees are from Tech Backgrounds

Over half of staff at Baidu-backed CITIC aiBank are tech-related according to the private online lender's latest annual report.

Tencent’s WeBank Eyes Foray into Australian Online Banking

The online lending vehicle of one of China's leading tech giants has signalled ambitions to expand into the Australian digital banking sector.

51Duoying Becomes China’s First Direct Bank to Enter Liquidation over Product Compliance

51Duoying (多盈财富) has just announced the launch of liquidation proceedings, marking the first time that a direct bank in China has suspended operations due...

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Anhui Province Undertakes Trial Scheme for SME Emergency Loans to Enteprises Affected by COVID-19 and Flooding

The inland Chinese province of Anhui has announced the start of a trial scheme for the provision of emergency loans to local...

ByteDance Establishes Artificial Intelligence Subsidiary in Fujian Province

ByteDance, the company behind social media giant TikTok, has just established a tech subsidiary in Fujian province whose business scope includes artificial...

Alibaba Unveils Plan for Greater Digitisation of Cross-border Trade

Chinese e-commerce giant Alibaba has unveiled an ambitious new plans to support the use of e-commerce by small businesses.

Lending to Private Enterprise Increases 5.4 Trillion Yuan During Jan – Sep Period: CBIRC

The latest data from the China Banking and Insurance Regulatory Commission (CBIRC) points to a sizeable increase in lending to private enterprises...