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Friday, April 16, 2021
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Chinese virtual banks
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Chinese virtual banks
Fintech
Xiaomi’s Virtual Lender Airstar Bank Kicks off Official Operation in Hong Kong
CBNEditor
-
June 11, 2020
0
Virtual lender Airstar Bank announced the official launch of operation on 11 June, as one of seven digital banks licensed to operate...
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Banking
Digital Lender XWBank Unveils New Senior Management Team
CBNEditor
-
May 11, 2020
0
Sichuan-based digital lender XWBank has appointed a new team of senior executives following the departure of former president Zhao Weixing in late...
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Banking
Hong Kong Monetary Authority Flags “Soft Launch” of Virtual Banking Services in Fourth Quarter
CBNEditor
-
October 7, 2019
0
The Hong Kong Monetary Authority (HKMA) has flagged the launch of the territory's first virtual banking services before the end of the...
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Banking
Hong Kong Digital Banks Expected to Focus on Mobile Payments and Micro-Loans
CBNEditor
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June 24, 2019
0
Domestic analysts expect Hong Kong's first cohort of licensed digital banks to commence operation before the end of the year, as well...
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Most Read
Actually Used Foreign Investment in China Rises Nearly 40% in First Quarter, New Foreign Invested Enterprises up 47.8%
Economy
CBNEditor
-
April 16, 2021
0
China has seen a surge in foreign investment in the first quarter of 2021 compared to the same period in 2020, with...
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China’s Q1 GDP Surges 18.3% YoY, Two Year Average Growth Rate at 5.0%
Economy
CBNEditor
-
April 16, 2021
0
Chinese GDP in the first quarter of 2021 has seen a surge compared to the same period last year, given the low...
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MLF Rates Remain Unchanged for 13th Consecutive Month as Chinese Monetary Policy Stresses Stability
Banking
CBNEditor
-
April 16, 2021
0
The Chinese central bank's open market operations (OMO) have kept the rate for medium-term instruments unchanged for over a year, with analysts...
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PBOC Reiterates Commitment to Anti-trust Enforcement in Chinese Payments Sector, Development of Cross-border Payments
Fintech
CBNEditor
-
April 16, 2021
0
The Chinese central bank has stressed its commitment to enforcing anti-trust measures in China's payment sector, as well as efforts to improve...
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