Wednesday, October 28, 2020
Tags Chinese state-owned banks

Tag: Chinese state-owned banks

Chinese Banks Take Top Four Spots on 2020 List of World’s Most Valuable Banking Brands

Chinese banks dominate the upper reaches of the Banking 500 2020 list of the world's most valuable banking brands released by Brand...

Big Four State-owned Banks to Automatically Extend Maturing Time Deposits During Coronavirus Outbreak

Four of China's big state-owned banks have announced that they will automatically extend time deposits maturing in the near term in order...

Postal Savings Bank of China’s Updated Prospectus Points to 14.9% YoY Rise in Net Profits in H1 2019

One of China's big six state-owned banks has updated its A-share prospectus to reflect a sharp rise in first-half profits.

China Host to 4588 Banks, Big Five State-owned Lenders Account for 37% of Assets

The big five state-owned banks continue to account for well over a third of the Chinese banking sector's total assets.

All of China’s Big Six Banks Greenlit for Wealth Management Subsidiaries Following PSBC Approval

Postal Savings Bank of China (PSBC) has become the last of the six big state-owned lenders to obtain approval for the establishment...

China’s Big State-owned Banks Expand to Six in Total

The ranks of China's official big state-owned banks have seen an increase to six in total following the inclusion of the Postal...

Big State-owned Banks Post Steady Profit Growth on Thicker Margins

China's big state-owned banks saw steady growth in profits last quarter, as Beijing's ongoing deleveraging campaign led to tighter liquidity conditions. Four out of the...

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The pricing for Ant Group's upcoming IPO in Hong Kong and Shanghai puts the value of the fintech giant at 2.1 trillion...

Yangtze River Delta Digital Financial Data Centre Will Issue Digital Renminbi

A new fintech institution launched in the eastern Chinese economic hub of the Yangtze River Delta will play a key infrastructure role...

Digital Renminbi Could Evolve into Global Currency: Ex-Bank of China Chief

Li Lihui (李礼辉), the former head of the Bank of China, believes that the development of the digital renminbi could pave the...

Further Opening of Financial Sector Is Inevitable: Chinese Central Bank Chief

Yi Gang (易纲), the governor of the People's Bank of China (PBOC), has highlighted the external opening of the Chinese financial sector...