Tags Chinese financial inclusion

Tag: Chinese financial inclusion

Banking

CBIRC Orders Big State-owned Banks to Increase Financial Inclusion Small Business Loans by over 30% in 2021

CBNEditor - April 13, 2021 0

The Chinese banking regulator has set ambitious new targets for growth in financial inclusion loans made by big state-owned lenders to small...

Banking

PBOC Extends Deferral of Repayments on Financial Inclusion Loans Until End of 2021, Provides Monetary Policy Support

CBNEditor - April 2, 2021 0

The Chinese central bank has extended the deferrals for financial inclusion loans that were first introduced in 2020 as part of efforts...

Banking

Beijing Sets 30% Growth Target for Lending to Small and Medium-sized Enterprises in 2021, New SME Loans Forecast to Hit 1.45 Trillion Yuan

CBNEditor - March 11, 2021 0

Beijing is pushing for strong growth in lending to small and medium-sized enterprises (SME's) in 2021 as part of broader efforts to...

Banking

Chinese Banks Issue 52 Billion Yuan in Financial Inclusion Bonds Since Start of 2021

CBNEditor - March 9, 2021 0

Commercial banks in China have continued to issue special bonds to raise funds for lending to small businesses since the start of...

Finance

Shenzhen Stock Exchange Grabs Approval for Merger of Main and SME Boards

CBNEditor - February 7, 2021 0

One of China's two stock exchanges has obtained approval for a merger of its boards as part of broader efforts to reform...

Economy

Li Keqiang Hopes to Drive Financial Inclusion in China with Unification of Movable Property Registration under Central Bank

CBNEditor - December 18, 2020 0

Premier Li Keqiang hopes to give a boost to secured financing for smaller companies in China with the launch of new measures...

Banking

Financial Inclusion Small and Micro Loans Increase 3.02 Trillion Yuan in First Three Quarters of 2020

CBNEditor - November 3, 2020 0

Financial inclusion micro-lending in China has seen a sharp increase since the start of 2020, with regulators pushing for credit expansion to...

Fintech

Suning Finance Teams up with XWBank to Provide Digital Supply Chain Financing to Small Business

CBNEditor - September 18, 2020 0

The finance vehicle of Chinese retail giant Suning has entered an agreement with a leading digital bank in China to provide digital...

Banking

Chinese Policy Bank ADBC Enters Cooperative Agreement with Alibaba’s Online Lender MYBank

CBNEditor - September 17, 2020 0

Agricultural Development Bank of China (ADBC) and Alibaba-backed MYBank have launched what is reportedly the first comprehensive strategic partnership between a policy...

Finance

PBOC Unveils Plans for Financial Inclusion Trials at Cities in Jiangxi and Shandong Province

CBNEditor - September 15, 2020 0

The Chinese central bank and a slew of other central government agencies have jointly unveiled plans for financial inclusion trials in three...

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Tag: Chinese financial inclusion

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