Sunday, April 11, 2021
Tags Financial inclusion

Tag: Financial inclusion

CBIRC Scrutinises Interest Rates for China’s Small and Micro-Enterprises

The China Banking and Insurance Regulatory Commission (CBIRC) has announced that it's undertaking as well as further researching and refining specialist assessments of interest...

CBRC Calls for Financial Inclusion Loan Growth to Outpace Other Credit

The China Banking Regulatory Commission is pushing for lenders to accelerate the growth of financial inclusion loans that target disadvantaged rural areas by providing...

Chinese Banks Expected to Lend More to Advanced Manufacturing, Financial Inclusion

Chinese banks are expected to channel more funds to the advanced manufacturing sector, micro-enterprises and financial inclusion areas, as regulators tighten curbs on real...

Reserve Ratio Cuts for Financial Inclusion Will Add 300bn Yuan in Long-term Liquidity

Reductions in the reserve ratio requirements for Chinese banks are set to give a boost to long-term liquidity following their launch towards the end...

Top Regulators Push for Financial Inclusion in China’s Impoverished Areas

China's senior-most financial regulators hope to bring financial inclusion measures to some of the poorest parts of the country. The People's Bank of China, the...

Chinese Banks Could Reap USD$63.4b from Fintech by 2020: EY

Chinese banks could reap an additional USD$63.4 billion in revenue by the end of the decade should they use Fintech to shore up financial...

Senior Official Calls for Differential Interest Rates to Improve Financial Inclusion

China needs to improve the ability of the banking sector to serve a wider range of clients in the real economy, a former senior...

Central Bank Says End Goal of Reserve Ratio Cut is Financial Inclusion

The central bank's flagship news publication is emphasising the significance of its recent reserve ratio cut as a means of raising China's level of...

China Banking Association Pushes for Greater Financial Inclusion

The China Banking Association has highlighted several key challenges to improving the provision of financial services to more members of the country's real economy. Pan...

AliPay and Tencent Hop Aboard Chinese Public Transit

Following fierce competition in the convenience store, supermarket, taxi and ride-sharing sectors, China's leading online and mobile payment providers are vying for a slice...

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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....

China’s Services Exports Surge over 20% since Start of 2021, Imports Plunge by More Than 18%

China has seen a sharp rise in its exports of services since the start of 2021, in tandem with a plunge in...

Liquidity to Come Under Modest Pressure in April Following Funds Contraction of 30 Billion Yuan in March

Liquidity in the Chinese finance system is expected to come under modest pressure in the month of April as a result of...

China Co-chairs G20 Sustainable Finance Study Group with United States

China will play a leading role in efforts by the G20 to develop solutions for the challenges faced by the global sustainable...