Tuesday, January 26, 2021
Tags Chinese micro finance

Tag: Chinese micro finance

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.

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...

Over 270 Billion Yuan in Micro-and-Small Enterprise Bonds Issued in 2020, Application Requirements Expected to Be Reduced

China is expected to step up issuance of micro-and-small enterprise financing bonds as part of broader ambitions to improve financial inclusion.

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The Chinese banking regulator has sought to reassure the broader market that China's business environment for private enterprises will not be adversely...

Chinese Banks See Net Profits Decline 1.8% in 2020

China's banking sector saw a sizeable decline in its net profits for 2020 amidst the adverse economic impacts of the COVID-19 pandemic....

Tencent Expects Cloud Computing to Be Essential Infrastructure for Finance, Domestic Market to Soon Hit 80B Yuan

A senior executive from Chinese tech giant Tencent forecasts that cloud computing will be a key area of development for China's fintech...