Saturday, October 31, 2020
Tags Chinese municipal banks

Tag: Chinese municipal banks

China’s Municipal Commercial Banks, Private Lenders, Extend over 120 Billion Yuan in Special Coronavirus Loans

China's municipal commercial banks and private banks are heeding calls from the Chinese central government to step up lending support in relation...

China’s Municipal Banks Lag Badly in Fintech Adoption, Form Leagues to Play Catch up

A new report points to lagging fintech adoption amongst China's municipal commercial banks, with some players either establishing cooperative associations or teaming...

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Anhui Province Undertakes Trial Scheme for SME Emergency Loans to Enteprises Affected by COVID-19 and Flooding

The inland Chinese province of Anhui has announced the start of a trial scheme for the provision of emergency loans to local...

ByteDance Establishes Artificial Intelligence Subsidiary in Fujian Province

ByteDance, the company behind social media giant TikTok, has just established a tech subsidiary in Fujian province whose business scope includes artificial...

Alibaba Unveils Plan for Greater Digitisation of Cross-border Trade

Chinese e-commerce giant Alibaba has unveiled an ambitious new plans to support the use of e-commerce by small businesses.

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...