Saturday, October 31, 2020
Tags Chinese rural banks

Tag: Chinese rural banks

Over Half of 18 Chinese Banks Awaiting A-share IPO’s are Rural Commercial Lenders

Over half of the 18 lenders currently awaiting approval for A-share IPO's in China are rural commercial banks, following a push by...

China’s Rural Banks Eye Launch of Their Own Consumer Finance Vehicles

Another one of China's rural banks has unveiled plans to launch its own consumer finance subsidiary.

CBIRC Tells Rural Banks to Accelerate Disposal of Non-performing Loans

The Chinese banking regulator has ordered the country's rural commercial banks to accelerate their handling of non-performing loans after a major tightening of recognition...

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Anhui Province Undertakes Trial Scheme for SME Emergency Loans to Enteprises Affected by COVID-19 and Flooding

The inland Chinese province of Anhui has announced the start of a trial scheme for the provision of emergency loans to local...

ByteDance Establishes Artificial Intelligence Subsidiary in Fujian Province

ByteDance, the company behind social media giant TikTok, has just established a tech subsidiary in Fujian province whose business scope includes artificial...

Alibaba Unveils Plan for Greater Digitisation of Cross-border Trade

Chinese e-commerce giant Alibaba has unveiled an ambitious new plans to support the use of e-commerce by small businesses.

Lending to Private Enterprise Increases 5.4 Trillion Yuan During Jan – Sep Period: CBIRC

The latest data from the China Banking and Insurance Regulatory Commission (CBIRC) points to a sizeable increase in lending to private enterprises...