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Tuesday, November 24, 2020
Tags Henan

Tag: Henan

19 Banks in Northern China Fined for $3-Billion Pledged Loan Fraud

A total of 19 lenders from the northern Chinese provinces of Henan and Shaanxi have been hit with fines worth 52.5 million yuan (USD$8.36...

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Competitiveness of Banks Will Lie in “Data + Algorithms” in Future: Agricultural Bank of China

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Chinese Banks Are “Quenching Their Thirst with Poison” by Selling Depository Products via Online Finance Platforms: PBOC Official

Chinese regulators have turned their attention to the use of online lending platforms by smaller banks to draw funds from retail customers...

Digital Renminbi Will Reshape Banking and Payments Sectors, Enhance Monetary Policy and Economic Adjustments: Chinese Think Tank Experts

Experts from the Chinese Academy of Social Sciences (CASS) and the National Institution for Finance & Development (NIFD) see the digital renminbi...

JDD and Tencent Hail Digitisation as Key Driver of Chinese Economy Post COVID-19

China's online tech giants point to digital transformation as a primary driver of economic growth and recovery in the wake of the...