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Chinese direct banks
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Chinese direct banks
Banking
CITIC aiBank Says over 60% of Employees are from Tech Backgrounds
CBNEditor
-
May 31, 2020
0
Over half of staff at Baidu-backed CITIC aiBank are tech-related according to the private online lender's latest annual report.
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Banking
Tencent’s WeBank Eyes Foray into Australian Online Banking
CBNEditor
-
January 27, 2019
0
The online lending vehicle of one of China's leading tech giants has signalled ambitions to expand into the Australian digital banking sector.
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Banking
51Duoying Becomes China’s First Direct Bank to Enter Liquidation over Product Compliance
CBNEditor
-
October 11, 2018
0
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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Most Read
Chinese Central Bank Appoints 48 Year-old Deputy Mayor of Chongqing as New Deputy Governor
Banking
CBNEditor
-
April 14, 2021
0
The People's Bank of China (PBOC) has just expanded its senior leadership cohort with the addition of a new deputy governor drawn...
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Beijing Cracks Down on Local Finance Platforms, Demands “Peeling Away” of Government Funding Role, Bankruptcies for Insolvent Firms
Finance
CBNEditor
-
April 14, 2021
0
The State Council of China has issued new regulations concerning the handling of local finance platforms in a bid to stymie their...
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Chinese CPI Bounces Back into Positive Territory in March
Economy
CBNEditor
-
April 14, 2021
0
China's consumer price index (CPI) resumed positive YoY growth in March, as the domestic economy continues to recover from the impacts of...
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Renminbi Lending Increases USD$1.17 Trillion in First Quarter of 2021
Banking
CBNEditor
-
April 14, 2021
0
Chinese banks extended over USD$1.1 trillion in new loans in the first quarter of 2021 according to the latest data from the...
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