Sunday, January 17, 2021
Tags Chinese personal credit

Tag: Chinese personal credit

Pengyuan Credit Hit with Record Penalty by Chinese Central Bank for Unlicensed Operation

The People's Bank of China (PBOC) has hit a leading Chinese credit agency with a record-breaking penalty for unlicensed business activity.

Xiaomi, JD-backed Agency Grabs China’s Second Personal Credit License

The People's Bank of China (PBOC) has just issued China's second ever personal credit ratings license to a joint-venture backed by smartphone...

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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.