Thursday, October 22, 2020
Tags Chinese rural banking

Tag: Chinese rural banking

Bank Branch Coverage Rate for China’s Rural Townships Hit 96.3% at End of 2018: PBOC Report

A new report from the Chinese central bank indicates that over 96% of China's rural townships had access to bank branches as...

Rural Commercial Banks of the Yangtze River Delta Issue Cooperative Declaration

A group of rural commercial banks situated in the Yangtze River Delta region have unveiled plans to increased interbank cooperation.

China Issues New Banking License for Nationwide Acquisition of Rural Lenders

The Chinese banking authorities have issued the first of a new type of rural banking license to one of the leading financial...

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Chinese Central Bank Helps Crack Cross-border Gambling Case Involving Tether Stablecoin

The People's Bank of China (PBOC) has just helped local authorities in the Guangdong province city of Huizhou to crack a cross-border...

Chinese Central Bank’s Digital Currency Research Institute Enters Strategic Cooperation with China’s Rural Credit Clearing Centre

The Digital Currency Research Institute of the People's Bank of China (PBOC) has entered a strategic cooperative agreement with the Rural Credit...

Chinese Housing Prices Enter the “10,000 Yuan Era”

Domestic analysts say that the Chinese housing market has just seen average prices rise permanently above the threshold of 10,000 yuan (approx....

NDRC Is “Confident” Chinese Economy Will Meet Annual Targets for 2020, Says Employment Has Risen Nearly 9M Since Start of Year

China's National Development and Reform Commission (NDRC) says it is confident that the Chinese economy will satisfy the full-year targets set by...