Thursday, January 28, 2021
Tags Chinese foreign banks

Tag: Chinese foreign banks

China Amends Regulatory By-laws Governing Foreign Invested Banks

China's banking authority has unveiled an amended version of by-laws for foreign banks operating in China.

UBS to Become First Foreign Bank to Obtain Full Control of Chinese Securities Firm

Swiss bank UBS has become the first bank in China to obtain approve from local authorities for majority ownership of its domestic securities joint-venture. The...

Beijing Will Allow Foreign Banks in China to Amass More Debt from Abroad

The Chinese central government has announced that it will allow foreign banks operating in China to expand their levels of medium and long-term debt...

Foreign Subsidiary Banks in China Expand from Four to 39 Since 2007

The number of foreign banks with subsidiaries in China has seen a significant rise over the past decade-long period, leading to greater "localisation" of...

Most Read

Ant Group Submits Blueprint for Conversion into Financial Holding Company to Chinese Authorities

Jack Ma's beleaguered Ant Group plans to deal the concerns of Chinese regulators about its business operations by converting itself into a...

China Construction Bank Issues over $3 Billion in Small Business Loan Bonds

One of China's big state-owned banks plans to step up financial inclusion lending with the proceeds of its latest bond issue.

Banks Behind over 90% of China’s 80 Fintech Sandbox Projects

Banking sector financial institutions have emerged as the main force behind projects included in the fintech regulatory "sandboxes" launched by multiple cities...

Chinese Central Bank’s Credit Reference Center Amasses Data on over 1.1 Billion People

The Credit Reference Center (CRC) of the People's Bank of China (PBOC) says it has amassed credit information on more than one...