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Thursday, November 26, 2020
Tags Chinese financial inclusion

Tag: Chinese financial inclusion

Chinese Banks Double Issuance of Micro-Finance Bonds in First Half of 2020

Chinese banks have stepped up their issuance of bonds to raise funds for small and micro-financial services in the first half of...

CBIRC Extends Repayment Period for Poverty Alleviation Micro Loans

China's top financial regulators have just issued a new directive to extend the repayment period for micro-loans provided for poverty alleviation purposes....

CBIRC Releases Trial Rules for Assessment of MSE Financial Services of Chinese Commercial Banks

The China Banking and Insurance Regulatory Commission (CBIRC) has just released trial regulations on the assessment of the financial inclusion levels of...

Chinese Central Bank Issues Standardised Bill Administrative Measures to Drive SME Financing

The People's Bank of China (PBOC) has issued new rules governing the use of bills for supply chain financing and other forms...

Sichuan Financial Inclusion Plan Aims to Provide 948 Million Yuan in Zero Interest Funds to MSE’s

Central China's Sichuan province has just submitted a new financial inclusion plan to the People's Bank of China (PBOC) that could see...

China’s Micro-and-Small Enterprise Loan Balance up 27.56% YoY at End of May

Data from China's banking regulator points to a rise of over 27% in the nationwide financial inclusion lending balance for micro-and-small enterprises...

Chinese Central Bank Says New Monetary Policy Tools Are not a Form of Quantitative Easing

A senior official from the People's Bank of China (PBOC) says recently launched monetary policy tools to help shore up financial inclusion...

Chinese Central Bank to Buy 400 Billion Yuan in Micro-and-Small Enterprise Loans

The People's Bank of China (PBOC) has committed to purchasing up to 400 billion yuan (approx. USD$56.31 billion) in bank loans made...

Central Bank Issues New Rules to Boost Financing for China’s Small Businesses

The Chinese central bank has led the issuance of new rules for firming up the supply of financing to micro, small and...

Micro-and-Small Enterprise Bond Issuance Already Exceeds 83% of 2020 Target, Full Year Amount for 2019

The latest data indicates that issuance of micro-and-small special finance bonds by Chinese banks has already well exceeded 83% of the annual...

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Structured Deposits of Chinese Banks See Record Drop of over 1 Trillion Yuan in October

Structured deposits at Chinese banks have posted a record monthly drop for 2020 in October after rising to unprecedented levels earlier in...

Ningbo Launches Trials of Blockchain-driven Insurance Claims System

The Zhejiang-province port city of Ningbo has kicked off trials for the use of blockchain technology to automate the processing of insurance...

PBOC Steps up Pressure on Chinese Payments Platforms with Doubling of Penalty Amounts

The Chinese central bank has heightened its scrutiny of the payments sector with a sharp increase in the value of penalties imposed...

China Construction Bank Withdraws from Digital Bond Issuance Due to “Over-excitement” in Cryptocurrency Circles

One of China's big six state-owned banks has withdrawn from plans to issue digital bonds in collaboration with a digital assets exchange...