Monday, April 12, 2021
Tags Chinese regional banks

Tag: Chinese regional banks

Inner Mongolia Issues 8.5 Billion Yuan in Special Bonds to Support Two Regional Banks

Inner Mongolia has become the fifth province-level entity in China to issue special bonds to support the capital standing of its small...

Moody’s Expects Strong Performance of China’s Top Regional Banks to Stymie Systemic Risk

A new report from Moody's Investors Services says the strong performance of China's leading regional banks will help to contain systemic risk...

Taiyuan Rural Commercial Bank Launched as China Accelerates Restructuring of Regional Lenders

China is set to see the launch of a new rural lender in Shanxi province amidst broader efforts by local authorities to...

Over 40 Small and Medium-sized Chinese Banks Obtain Approval for Establishment in 2020

The Chinese government is driving a major shake up of the regional banking sector with the approval of a wave of new...

Chinese Central Bank Pins Failings of Small Regional Lenders on Lack of Communist Party Influence

A senior official from the People's Bank of China (PBOC) has pointed the finger of reproach at poor corporate governance and lack...

USD$28.6 Billion in Special Bond Quotas Allocated to 18 Chinese Provinces to Bolster Regional Banks

The Chinese central government has made copious allocations of quotas for special bond issuance to province-level authorities, in order to raise funds...

16 Regional Banks in China Post Negative Net Profit Growth in First Half of 2020

The net profits of China's regional banks have faltered severely in the first half of 2020, as the COVID-9 pandemic further exacerbated...

Sichuan to See Merger of Two Municipal Banks Following Concerns over Faltering Health of Regional Lenders

Two municipal banks in the central Chinese province of Sichuan have unveiled plans for a merger, amidst efforts to shore up the...

China’s Mid-sized Regional Banks at Risk of Failure Following COVID-19: S&P Global

A new report from S&P Global points to heightened risk of bank failure amongst China's smaller lenders and those with lower capitalisation...

Beleaguered Bank of Gansu Unveils Share Issuance Plan for State-owned Investors

The latest regional bank in China to succumb to difficulties has just unveiled the details of a new share issuance plan.

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Digital Renminbi Makes Its Debut on Renmin University Campus

Ongoing trials of China's Digital Renminbi have brought the central bank digital currency to one of the country's most prestigious tertiary institutions....