Monday, April 12, 2021
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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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...

Alibaba Hit with $2.78B Anti-Trust Penalty by China’s Market Regulator

Jack Ma's Alibaba has been slapped with a massive fine by China's market regulator following the launch of an anti-trust investigation into...

Digital Renminbi Makes Its Debut on Renmin University Campus

Ongoing trials of China's Digital Renminbi have brought the central bank digital currency to one of the country's most prestigious tertiary institutions....