Friday, January 22, 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...

Most Read

Users of Everbright’s Cloud-Driven Utilities Payment Platform Exceeded Half a Billion in 2020

China Everbright Bank has seen users of its cloud-based utilities payments service surge in 2020, as the COVID-19 pandemic drove sharp gains...

China Unlikely to See Real Estate Loan Rates Decline in 2021 as LPR Holds Steady for Ninth Month Straight

Domestic analysts say that Chinese banks are unlikely to significantly reduce rates for real estate loans in 2021, as regulators continue to...

Chinese Central Bank Unveils Anti-Trust Measures Permitting Break up of Third-Party Payments Platforms

The People's Bank of China (PBOC) will have the power to recommend the dismantling of third party payments platforms under new measures...

Pinduoduo Owner Applies for Payments Trademark

A major shareholder in NASDAQ-listed agricommerce platform Pinduoduo has applied with Chinese authorities to register a Pinduoduo-related payments trademark.