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Chinese financial inclusion
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Chinese financial inclusion
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...
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Banking
Chinese Policy Bank ADBC Enters Cooperative Agreement with Alibaba’s Online Lender MYBank
CBNEditor
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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...
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Finance
PBOC Unveils Plans for Financial Inclusion Trials at Cities in Jiangxi and Shandong Province
CBNEditor
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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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Banking
Financial Inclusion Lending to Micro and Small Enterprises up 28.4% in First Half of 2020
CBNEditor
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August 24, 2020
0
China's financial inclusion drive has resulted in a surge in lending to micro and small-enterprises in the first half of 2020.
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Banking
Tencent’s WeBank Designs New Credit Card for Small Businesses
CBNEditor
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August 12, 2020
0
Tencent-backed online lender WeBank has just issued a new credit card product that specifically targets micro-and-small enterprises.
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Banking
Chinese Central Bank Chief Calls for Monetary and Lending Policy to Become More Targeted
CBNEditor
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August 3, 2020
0
Yi Gang, governor of the People's Bank of China (PBOC), has flagged efforts to make China's monetary and lending policy more "targeted"...
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Banking
China Development Bank First Half Lending Hits 1.87 Trillion Yuan
CBNEditor
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July 28, 2020
0
One of China's big three policy banks has stepped up lending in the first half of 2020 to help the economy weather...
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Banking
Microfinance Companies in China See Outstanding Loans Decline by USD$4.83 Billion in First Quarter of 2020
CBNEditor
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July 27, 2020
0
The latest data from the Chinese central bank points to sizeable declines in both the number the outstanding loan balance of Chinese...
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Fintech
COVID 19 Accelerates Fintech Adoption in China, Drives Financial Services Online: Du Xiaoman Financial CEO
CBNEditor
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July 16, 2020
0
The head of Baidu's fintech spinoff has highlighted the role of the COVID-19 pandemic in driving the use of online financial services...
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Finance
Chinese Banks Double Issuance of Micro-Finance Bonds in First Half of 2020
CBNEditor
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July 14, 2020
0
Chinese banks have stepped up their issuance of bonds to raise funds for small and micro-financial services in the first half of...
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Chinese Central Bank to Unveil Fintech Development Indices at Financial Street Forum
Fintech
CBNEditor
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October 22, 2020
0
The People's Bank of China (PBOC) plans to launch new indices on fintech development in order to expedite the growth of the...
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Chinese Central Bank Helps Crack Cross-border Gambling Case Involving Tether Stablecoin
Fintech
CBNEditor
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October 21, 2020
0
The People's Bank of China (PBOC) has just helped local authorities in the Guangdong province city of Huizhou to crack a cross-border...
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Chinese Central Bank’s Digital Currency Research Institute Enters Strategic Cooperation with China’s Rural Credit Clearing Centre
Fintech
CBNEditor
-
October 21, 2020
0
The Digital Currency Research Institute of the People's Bank of China (PBOC) has entered a strategic cooperative agreement with the Rural Credit...
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Chinese Housing Prices Enter the “10,000 Yuan Era”
Economy
CBNEditor
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October 21, 2020
0
Domestic analysts say that the Chinese housing market has just seen average prices rise permanently above the threshold of 10,000 yuan (approx....
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