Tuesday, April 13, 2021
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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Ex-PBOC Deputy Governor Warns of “Biden’s Overheating” and “Sword of Inflation” After Unveiling of USD$1.9T Stimulus Package

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JD Technology Expected to Join Ant Group in Adoption of Financial Holding Company Form

The tech subsidiary of e-commerce giant JD.com reportedly plans to launch a financial holding company amidst a push from Chinese authorities for...

Paypal Founder Peter Thiel Worries Bitcoin Could Be Financial Weapon for China Despite Domestic Ban

One of America's leading tech entrepreneurs believes that China could use the Bitcoin cryptocurrency as a "financial weapon" against the US should...

Chinese Central Bank Reportedly Orders Lenders to Keep 2021 Credit Growth on Par with Last Year

The People's Bank of China (PBOC) has reportedly issued an order for leading banking sector financial institutions to scale back credit growth...