Wednesday, January 27, 2021
Tags Foreign banks

Tag: foreign banks

Entry of Foreign Banks Will Benefit Chinese Consumers: HSBC’s Asia Chief

The regional head of HSBC says that China's loosening of the entry requirements for foreign banks will bring major benefits to the country's financial...

Foreign Banks in China Still Hampered by Restrictions on Deposit-taking

The introduction of new regulations that give greater latitude to foreign banks in China are expected to impact three key areas, yet insiders say...

China Makes Life Easier for Foreign Banks

China's banking regulator has wound back restrictions on the domestic operations of foreign banks in several key areas. The China Banking Regulatory Commission has unveiled...

China’s Deleveraging Drive Pushes Foreign Bank Loans to Record Heights

Foreign banks are taking advantage of the constrained credit conditions created by Beijing's deleveraging drive to lend record-breaking sums to Chinese borrowers. The total exposure of...

Foreign Banks Continue to Flock to Shanghai

The number of foreign-invested financial institutions setting up shop in Shanghai has continued to increase in 2017. During the first half of the year a...

Beijing Flags Support for Private and Foreign Investment in New Joint-venture Banks

China's senior-most government bodies have flagged further support for the participation of private and foreign capital in the establishment of joint-venture banks in economic trial...

Most Read

Chengdu to Issue 50M Yuan in Digital Renminbi via Record-sized Lottery

The Sichuan province capital of Chengdu is the latest Chinese city to stage trials for the issuance of the digital renminbi via...

Automaker Geely Establishes Fintech Investment Vehicle

Privately held automaker Zhejiang Geely Holding Group (浙江吉利控股集团有限公司) is seeking to expand its presence in the fintech sector with the launch of...

China Authorises 530,000 Patents in 2020, Patent Pledge Financing Rises over 43% YoY

The China National Intellectual Property Administration (CNIPA) says it approved 530,000 patents in 2020, bringing the total number of domestic patents in...

Shanghai Pudong Development Bank Opens Fintech Research Facility in Singapore to Focus on Blockchain, AI and API Development

Municipal lender Shanghai Pudong Development Bank (SPD Bank) has become the first joint-stock bank in China to establish an innovation centre...