Sunday, January 17, 2021
Tags Fitch ratings

Tag: Fitch ratings

Financial Leverage to Hit 265% of China’s GDP by 2021, Credit Efficiency to Fall to Five Year Low: Fitch Ratings

Fitch Ratings expects the COVID-19 pandemic to bring the credit efficiency ratio of Chinese banks to a five-year low.

Regulatory Crackdown Tames China’s Shadow Banking Sector: Fitch

A new report from ratings agency Fitch says that China's shadow banking sector has shrunk as a result of the multi-agency crackdown launched by...

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China’s Biggest Bank Opens up to Applications for Digital Renminbi Wallets in Shenzhen

The Industrial and Commercial Bank of China (ICBC) is making digital renminbi wallets available to consumers in the southern tech hub of...

Chinese Central Bank Outlines Efforts to Improve Execution of Monetary Policy

A senior official from the People's Bank of China (PBOC) has published a paper on its official website outlining current plans to...

Foreign Investors Raise Holdings on China’s Interbank Bond Market by over 1 Trillion Yuan in 2020

The latest data from the Chinese central bank points to a sharp rise in investment by foreign institutional investors on China's interbank...

Shenzhen Finance Sector Sees Total Deposits Exceed 10 Trillion Yuan

Financial institutions based in Shenzhen have just seen their deposit levels rise to record-breaking levels.