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Chinese online banking
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Chinese online banking
Banking
China Merchants Bank and JD.com’s Fintech Vehicle Prepare to Launch Direct Online Lender
CBNEditor
-
November 13, 2019
0
A leading Chinese commercial bank and the fintech vehicle of JD.com are currently working together to launch a new online direct bank...
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Banking
Sichuan Online Lender XWBank Sees 224% YoY Surge in Net Profits
CBNEditor
-
August 21, 2019
0
Sichuan-based online lender XWBank has posted a YoY surge in net profits in the first half of 2019.
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Banking
National Internet Finance Association of China Launches Specialist Internet Banking Committee
CBNEditor
-
July 26, 2019
0
China's peak body for the online finance sector has announced the launch of a new body to focus on internet banking.
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Banking
Online Banks Outperform China’s Conventional Lenders in 2018
CBNEditor
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May 14, 2019
0
The latest financial reports of China's online banks points to a bumper year in 2018, far outpacing the performance of listed domestic...
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Banking
51 Credit Card Enters Comprehensive Strategic Cooperation with CITIC aiBank, Releases “T+” Plan
CBNEditor
-
May 11, 2019
0
Chinese credit card company 51 Credit Card (51信用卡) is teaming up with Baidu-backed direct lender CITIC aiBank (百信银行) to cooperate on fintech...
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Banking
Online Banking’s Popularity in China Prompts Closure of Community Sub-branches
CBNEditor
-
June 26, 2018
0
The increasing popularity of online and mobile banking has prompted Chinese banks to shut down their community sub-branches(社区支行) in some of the country's biggest...
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Chinese Central Bank Hails Eradication of P2P Lending, “Orderly Disposal” of High-risk Financial Institutions
Fintech
CBNEditor
-
January 18, 2021
0
The People's Bank of China (PBOC) has highlighted the removal of all of the country's P2P lending platforms in 2020 as part...
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NDRC Flags Active Fiscal Policy, Increased Spending on New Infrastructure in 2021
Economy
CBNEditor
-
January 18, 2021
0
China's chief planning authority has outlined a raft of its policy intentions for 2021, as the national economy continues to recover from...
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China’s GDP Breaches 100 Trillion Yuan Threshold after Posting 2.3% Growth in 2020, Disposable Income up 4.7%
Economy
CBNEditor
-
January 18, 2021
0
Official data points to growth of over 2% in Chinese GDP in 2020 despite the adverse economic impacts of the COVID-19 pandemic....
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China Bans Banks from Selling Depository Products via Third Party Online Platforms
Fintech
CBNEditor
-
January 18, 2021
0
Beijing has issued a new directive which further steps up pressure on the sale of depository products via online fintech platforms, after...
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