Saturday, April 17, 2021
Tags Chinese P2P lending

Tag: Chinese P2P lending

Chinese Insurers Withdraw Support for P2P Lending Platforms

Insurance companies in China are backing out of their involvement with the country's problem-plagued P2P lending sector. P2P platforms in China have frequently sought to...

Shenzhen Targets Risk in Relation to Local P2P Lending Platforms

The Shenzhen municipal authorities are stepping up their crackdown on risk in relation to P2P lending platforms. On 31 October the Shenzhen Municipal Internet Information...

Chinese Central Bank to Share Personal Info of Absconding P2P Debtors

The People's Bank of China (PBOC) has set its sights on the debtors of P2P platforms who wilfully abscond from their repayment obligations, with...

China’s Peak Online Finance Body Publishes Depository Info on Peer-to-Peer Lenders

The National Internet Finance Association of China (NIFA) has commenced the publication bank depository business information in relation to peer-to-peer lending platforms via its...

Bank of Hangzhou, Bank of Qingdao Obtain Approval for P2P Depository Business

Bank of Hangzhou and Bank of Qingdao have joined the ranks of Chinese banks who have obtained official approval for P2P lending depository business. The...

China Bohai Becomes 26th Bank Approved by NIFA for P2P Depository Operations

Tianjin-based China Bohai Bank has just obtained approval to provide depository operations to peer-to-peer lending platforms in China. Bohai Bank passed inspections to serve as...

Net Outflows of P2P Lending Platforms Drop as Heightened Regulation Contains Panic

Heightened regulation of China's beleaguered peer-to-peer (P2P) lending platforms has helped to staunch an outflow of funds that threatened to cause a liquidity crisis...

Beijing Calls for Distressed Asset Managers to Rescue Peer-to-peer Lending Platforms

China's' banking regulator has called for the country's four managers of distressed bank assets to help bail out the non-performing loans (NPL) of beleaguered...

Beijing Outlines 10 Strategies for Dealing with Beleaguered P2P Lending Sector, Bans New Platforms

The Chinese government has unveiled a raft of measures to deal with the country's trouble-plagued peer-to-peer (P2P) lending sector, in the wake of a...

P2P Protestors Descend upon China’s Banking Regulator in Beijing

Beijing police have thwarted attempts by the victims of capsized peer-to-peer (P2P) lending platforms to stage a protest at the offices of the China...

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PBOC Reiterates Commitment to Anti-trust Enforcement in Chinese Payments Sector, Development of Cross-border Payments

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