Friday, April 23, 2021
Tags Chinese policy banks

Tag: Chinese policy banks

XWBank and China’s Policy Banks to Provide Interest Free Vouchers via Alipay for 10 Billion Yuan in Small Business Loans

Private online lender XWBank is working with China's big three policy banks to provide interest free loans to businesses in 81 cities...

China’s Banking Sector Provides over 2 Trillion Yuan in Lending Support to Fight against COVID-19

Chinese banks have provided over 2 trillion yuan (approx. USD$282.97 billion) in lending support to efforts to contain the impacts of the...

China’s Policy Banks Account for 77% of Resource-backed Lending to Latin America and Africa

Data from Washington-based non-governmental organisation the Natural Resource Governance Institute (NRGI) indicates that China's policy banks accounted for the vast majority of...

China Development Bank Enters $100mn Deal to Finance African SMEs

One of China's three big policy banks has entered an agreement with pan-African lender United Bank for Africa (UBA) to provide funding to small...

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Chinese Banking Sector Assets up 9.2% YoY at End of First Quarter, NPL Ratio Edges Lower

The total assets of the Chinese banking sector saw an increase of over 9% at the end of the first quarter of...

20 Chinese Companies Pursue US Listings in First Quarter of 2021, Funds Raised Surge over 10-Fold Despite Sino-US Tensions

The first quarter saw a precipitous surge in funds raised by Chinese companies opting to list in the US, despite ongoing tense...

National Fiscal Revenues in China Rise over 24% in First Quarter

China's national fiscal revenues surged in the first quarter of 2021, as the economy continues to recover from the initial impacts of...

Singapore’s DBS Bank Plans to Grab Biggest Stake in Leading Shenzhen Lender

Singaporean multinational lender DBS Bank has unveiled plans to acquire over a tenth of equity in a major lender in the Shenzhen...