Sunday, February 28, 2021
Tags Chinese online deposit products

Tag: Chinese online deposit products

Alipay, JD.com Remove All Bank Deposit Products from Sale via Online Platforms

China's Internet finance giants have completed the full withdrawal of bank deposit products from sale to both old and new customers via...

China Bans Banks from Selling Depository Products via Third Party Online Platforms

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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Xi Jinping Hails “Complete Victory” in China’s Efforts to Eradicate Extreme Poverty

Chinese President Xi Jinping has publicly hailed the success of China's efforts to eradicate extreme poverty in the country's rural countryside.

Ant Group Plans to Merge Huge Micro-Loan Business with New Consumer Finance Unit: Sources

Chinese fintech giant Ant Group reportedly plans to incorporate its highly lucrative micro-loan operations into a new consumer finance unit, in order...

World’s Biggest Bank to Welcome 30 Year Veteran of China Construction Bank as President

China and the world's biggest bank in terms of assets is set to welcome a 30-year veteran of another big state-owned lender...

Tencent Cloud Helps Guangzhou Rural Commercial Bank to Create Full Stack Financial Cloud Platform

The cloud subsidiary of tech giant Tencent has helped one of the leading regional banks in Guangdong province to develop its own...