Sunday, January 24, 2021
Tags Chinese policy banks

Tag: Chinese policy banks

Banking

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

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

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

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

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

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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...
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Banking

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

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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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Most Read

Users of Everbright’s Cloud-Driven Utilities Payment Platform Exceeded Half a Billion in 2020

Fintech CBNEditor - 0
China Everbright Bank has seen users of its cloud-based utilities payments service surge in 2020, as the COVID-19 pandemic drove sharp gains...
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China Unlikely to See Real Estate Loan Rates Decline in 2021 as LPR Holds Steady for Ninth Month Straight

Economy CBNEditor - 0
Domestic analysts say that Chinese banks are unlikely to significantly reduce rates for real estate loans in 2021, as regulators continue to...
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Chinese Central Bank Unveils Anti-Trust Measures Permitting Break up of Third-Party Payments Platforms

Finance CBNEditor - 0
The People's Bank of China (PBOC) will have the power to recommend the dismantling of third party payments platforms under new measures...
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Pinduoduo Owner Applies for Payments Trademark

Fintech CBNEditor - 0
A major shareholder in NASDAQ-listed agricommerce platform Pinduoduo has applied with Chinese authorities to register a Pinduoduo-related payments trademark.
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