Monday, January 18, 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...

Most Read

Chinese Central Bank Hails Eradication of P2P Lending, “Orderly Disposal” of High-risk Financial Institutions

The People's Bank of China (PBOC) has highlighted the removal of all of the country's P2P lending platforms in 2020 as part...

NDRC Flags Active Fiscal Policy, Increased Spending on New Infrastructure in 2021

China's chief planning authority has outlined a raft of its policy intentions for 2021, as the national economy continues to recover from...

China’s GDP Breaches 100 Trillion Yuan Threshold after Posting 2.3% Growth in 2020, Disposable Income up 4.7%

Official data points to growth of over 2% in Chinese GDP in 2020 despite the adverse economic impacts of the COVID-19 pandemic....

China Bans Banks from Selling Depository Products via Third Party Online Platforms

Beijing has issued a new directive which further steps up pressure on the sale of depository products via online fintech platforms, after...