Monday, October 19, 2020
Tags Chinese loans

Tag: Chinese loans

Chinese Banks Defer 1.3 Trillion Yuan in Repayments for Small Business Loans Following COVID-19 Outbreak

The Chinese banking sector has provided mass deferrals on repayments for loans made to Chinese small businesses that have been hard hit...

Central Bank Media Hails Structural Improvements to Chinese Lending in 2019, Rise in Private Enterprise and Long-term Credit

The official news publication of the People's Bank of China (PBOC) says that Chinese lending saw marked structural improvements in 2019.

Beijing’s Financial Inclusion Drive Could Result in USD$418B in New Loans: S&P Global

A report from S&P Global forecasts that Beijing's efforts to drive financial inclusion and expand funding for China's micro and small-enterprises (MSE's)...

Renminbi Loans Rise 16.17T Yuan in 2018, M2 Money Supply Expands 8.1% YoY

The Chinese central bank has just released data on credit and money supply growth for 2018. Data from the People's Bank of China (PBOC) indicates...

New Renminbi Loans of 1.28tn Yuan in August, M2 Money Supply Rises 8.2% YoY

The Chinese central bank has released new data for credit and money supply growth in the month of August 2018. Figures from the People's Bank...

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Chinese Central Bank Overhauls Commercial Banking Law

The People's Bank of China (PBOC) has unveiled a broad raft of proposed changes to China's commercial banking law.

Ant Group Raises Target Valuation to USD$280 Billion

Chinese fintech giant Ant Group plans to raise the target value for its IPO to USD$280 billion according to sources.

Postal Savings Bank of China Enters Comprehensive Strategic Cooperative Agreement with’s Fintech Subsidiary

One of China's big six state-owned banks has entered a strategic cooperative agreement with the fintech subsidiary of a leading Chinese e-commerce...

Foreign Companies Will Not Flee China Despite Impacts of COVID-19 on Global Economy: Deputy IMF Director Zhu Min

One of China's leading economists says that the COVID-19 pandemic and its related impacts will not compel foreign companies to withdraw from...