Sunday, January 17, 2021
Tags FSDC

Tag: FSDC

FSDC Says Current Focus is Capital Supplementation for Small and Medium-sized Banks

One of China's top financial regulators has stressed the need to support the capital supplementation efforts of smaller banks following a slew...

FSDC Greenlights Issuance of Perpetual Bonds by Banks to Shore up Capital

China's Financial Stability and Development Committee (FSDC) has given the green light to the issuance of perpetual bonds by the country's banks in order...

FSDC Says China’s Capital Market Risk “Fully Dispersed,” Highlights Long-term Investment Value

One of China's top financial authorities has sought to assuage concerns over risk on the country's capital markets. The State Council's Financial Stability and Development...

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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.