Tuesday, October 20, 2020
Tags Down payments

Tag: Down payments

Consumer Loans for Home Purchases Stage a Come Back Despite 2017 Crackdown

Semi-licit forms of lending designed to side step official curbs on financing for home purchases have already made a comeback in China, despite the...

Beijing Struggles to Staunch Illicit Use of Bank Loans for Home Down Payments

Heightened regulatory scrutiny of the illicit use of bank loans for property investment purposes has thus far failed to fully deter promotion of the...

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Chinese Central Bank Digital Currency Seen Driving Cross-border Payments, Renminbi Internationalisation

Chinese experts see the central bank digital currency (CBDC) as a vital means of facilitating cross-border transactions and expediting the internationalisation of...

Regulators Driving Remote Account Opening – What Banks Need to Know

By Stanley Yu, Director, Hong Kong, Fenergo COVID-19 has radically transformed the financial services industry across APAC. With forced...

Chinese Commercial Banks Could Soon Determine Interest Rates Independently

Proposed changes to China's commercial banking law will allow lenders to independently determine the rates for deposits and loans.

China to Further Lift Macro-Leverage Ratio Following 21 Percentage Point Rise During COVID-19 Lockdowns

Discussion about China's macro-leverage levels has risen to the fore as policymakers weigh means for expediting the country's economic recovery in the...