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Chinese policy banks
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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
CBNEditor
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May 19, 2020
0
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
CBNEditor
-
March 27, 2020
0
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
CBNEditor
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March 14, 2020
0
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
CBNEditor
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March 2, 2018
0
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
Industrial IoT Financing the Next “Blue Ocean” for Chinese Fintech: Huang Qifan
Fintech
CBNEditor
-
October 26, 2020
0
The former mayor of Chongqing municipality Huang Qifan (黄奇帆) expects Industrial Internet of Things (IIoT) financing to be the next major area...
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Legal Changes Expand Power of Chinese Central Bank, Confer Official Recognition to Digital Renminbi
Economy
CBNEditor
-
October 26, 2020
0
Proposed amendments to the law governing the Chinese central bank are expected to confer it with greater sway and authority within China's...
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Jack Ma Calls for Replacing “Pawnshop Mentality” of Traditional Banks with Big Data-based Credit System
Fintech
CBNEditor
-
October 26, 2020
0
Alibaba-founder Jack Ma has decried the collateral focus of traditional banks in the Chinese financial system, calling instead for the use of...
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Digital Lender XWBank Sees Q3 Profits Rise 32%
Banking
CBNEditor
-
October 26, 2020
0
Sichuan-based direct lender XWBank has seen a sharp on-quarter rise in its profits in the third quarter of 2020, as China makes...
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