Monday, April 12, 2021
Tags Chinese lending

Tag: Chinese lending

Chinese Central Bank Reportedly Orders Lenders to Keep 2021 Credit Growth on Par with Last Year

The People's Bank of China (PBOC) has reportedly issued an order for leading banking sector financial institutions to scale back credit growth...

China Provides Deferrals for over USD$1 Trillion in Loans during COVID-19, Steps up Lending to Manufacturing and Private Enterprise

Chinese bankers provided domestic borrowers with deferrals for more than USD$1 trillion in loans in 2020, amidst broader policy efforts to keep...

Lending to Private Enterprise Increases 5.4 Trillion Yuan During Jan – Sep Period: CBIRC

The latest data from the China Banking and Insurance Regulatory Commission (CBIRC) points to a sizeable increase in lending to private enterprises...

Financial Inclusion Lending to Micro and Small Enterprises up 28.4% in First Half of 2020

China's financial inclusion drive has resulted in a surge in lending to micro and small-enterprises in the first half of 2020.

Maximum Rate for Private Loans in China Shifts from 36% to 4-Times Loan Prime Rate

China has launched measures to change the "lawfully protected threshold" for loans between private parties from 36% to a multiple of the...

Postal Savings Bank of China Provides Repayment Deferrals to over 20,000 Small Business Customers

One of China's big six state-owned lenders has provided a swathe of loan repayment deferrals to micro and small enterprises (MSE) amidst...

China’s Banking Regulator Hopes to Step up Lending Efficiency via Financial Guarantee Agencies

China's banking and insurance regulator hopes to bring greater transparency to the financial guarantee sector by mandating the compilation of approved agencies...

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...

2020 Full Year Renminbi New Lending to Approach USD$2.82 Trillion: Chinese Central Bank Governor

People's Bank of China (PBOC) chief Yi Gang (易纲) forecasts copious credit growth in 2020 following the economic impacts of the COVID-19...

Total Social Financing Rises 12.5% YoY in May as “Loose Credit” Conditions Emerge in China

The latest data on China's monetary system points to a sizeable rise in credit extension in May, with one analysts referring to...

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Paypal Founder Peter Thiel Worries Bitcoin Could Be Financial Weapon for China Despite Domestic Ban

One of America's leading tech entrepreneurs believes that China could use the Bitcoin cryptocurrency as a "financial weapon" against the US should...

Chinese Central Bank Reportedly Orders Lenders to Keep 2021 Credit Growth on Par with Last Year

The People's Bank of China (PBOC) has reportedly issued an order for leading banking sector financial institutions to scale back credit growth...

Alibaba Hit with $2.78B Anti-Trust Penalty by China’s Market Regulator

Jack Ma's Alibaba has been slapped with a massive fine by China's market regulator following the launch of an anti-trust investigation into...

Digital Renminbi Makes Its Debut on Renmin University Campus

Ongoing trials of China's Digital Renminbi have brought the central bank digital currency to one of the country's most prestigious tertiary institutions....