Saturday, October 24, 2020
Tags Chinese private banks

Tag: Chinese private banks

Private Lender CITIC aiBank Grabs Approval for Investment from Canadian Pension Fund

Baidu-backed private digital lender CITIC aiBank (百信银行) has just obtained approval for an increase in its registered capital from China's top banking...

China Sees Launch of 19th Private Lender with Establishment of Wuxi Commercial Bank

The number of private banks in China has just reached 19 in total with the launch of a new lender in the...

Wuhan’s Z-Bank Becomes Third Private Lender in China to Increase Capital via Share Issue

Wuhan Zhongbang Bank (武汉众邦银行) (Z-Bank) has just completed a deal to double its registered capital levels.

Private Banks in China Reach 18 in Total Following Launch of Licensing Five Years Ago

The number of private banks approved for operation in China has reached 18 in total just five years after the licensing of...

Private Bank Creation Set to Hit a New “Peak” in China: State Media

Reports from state-owned media are flagging the further establishment of private banks in China.

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Fintech Giant Lufax Pursues USD$2.36 Billion Stateside IPO

Chinese fintech giant Lufax has revealed more details on its plans to pursue an initial public offering (IPO) in the US despite...

China to Increase Qualified Domestic Institutional Investor Quota by around USD$10 Billion

China's forex administration has announced a further increase to the foreign investment quota for qualified domestic institutional investors (QDII).

Zhou Xiaochuan Weighs in on Internationalisation of the Renminbi at 2020 Financial Street Forum

Zhou Xiaochuan, the former head of the Chinese central bank, has voiced his opinions on the near-term prospects for the internationalisation of...

PBOC Launches Fintech Research Centre, Calls for “Comprehensive Increase” in China’s Fintech Competitiveness and Influence

A senior official from the People's Bank of China (PBOC) has called for the country to further drive efforts for the development...