Sunday, January 17, 2021
Tags Chinese large sum cash management

Tag: Chinese large sum cash management

PBOC Launches Large-sum Cash Trials in Hebei, Mandates Advance Registration for 100,000 Yuan Withdrawals

The Chinese central bank has launched large-sum cash management trials in northern China's Hebei province, as part of a two year pilot...

Large-sum Cash Management Trials to Launch in Hebei, Zhejiang and Shenzhen

The Chinese central bank plans to launch trials for large-scale cash management in Hebei province, Zhejiang province and the city of Shenzhen....

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China’s Biggest Bank Opens up to Applications for Digital Renminbi Wallets in Shenzhen

The Industrial and Commercial Bank of China (ICBC) is making digital renminbi wallets available to consumers in the southern tech hub of...

Chinese Central Bank Outlines Efforts to Improve Execution of Monetary Policy

A senior official from the People's Bank of China (PBOC) has published a paper on its official website outlining current plans to...

Foreign Investors Raise Holdings on China’s Interbank Bond Market by over 1 Trillion Yuan in 2020

The latest data from the Chinese central bank points to a sharp rise in investment by foreign institutional investors on China's interbank...

Shenzhen Finance Sector Sees Total Deposits Exceed 10 Trillion Yuan

Financial institutions based in Shenzhen have just seen their deposit levels rise to record-breaking levels.