Sunday, January 17, 2021
Tags Chinese municipal commercial banks

Tag: Chinese municipal commercial banks

China Greenlights Perpetual Bonds for Municipal Banks

Chinese regulators have just given their approval to the first issuance of perpetual bonds by municipal commercial banks in the country.

Municipal Banks in China Must Specialise, Focus on Private Enterprise and Financial Inclusion: Bank of Zhengzhou Head

The chief of one of China's leading municipal commercial banks says it and its peers need to specialise in order to survive...

Assets of China’s Municipal Commercial Banks Hit 31.72T Yuan at End of 2017

A new report from the peak industry body for China's banking sector sheds light on the state of the country's municipal commercial...

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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.