Tuesday, October 27, 2020
Tags Chinese regional banks

Tag: Chinese regional banks

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.

Huishang Bank Plans to Acquire Four Baoshang Bank Branches, Invest in New Inner Mongolian Financial Institution

Anhui-based commercial lender Huishang Bank (徽商银行) has unveiled plans take over branches and related staff of beleaguered Inner Mongolian lender Baoshang Bank....

Ex-chair of Hengfeng Bank Receives Death Sentence for Illegal Transfer of $107 Million in Shares

The former chairman of beleaguered regional lender Hengfeng Bank has been sentenced to death by a Shandong province court.

Regional Lender Hengfeng Bank Set to Receive 100 Billion Yuan Bailout from Beijing

The travails of another beleaguered Chinese regional bank have prompted the launch of a rescue package by Beijing which will confer control...

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Beijing Issues New Directive to Support Private Enterprise Growth Post COVID-19

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Industrial IoT Financing the Next “Blue Ocean” for Chinese Fintech: Huang Qifan

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