Monday, October 26, 2020
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Tag: ICBC

ICBC Using Blockchain Technology in Xiong’an, Nanjing and Yunnan Province

China and the world's biggest bank in terms of assets has highlighted the deployment of blockchain technology in locations around the country...

ICBC and China Construction Bank Top The Banker’s List of the World’s Leading Lenders

The latest list of the world's top 1000 banks compiled by the UK's The Banker puts Chinese state-owned lenders in all four...

ICBC Establishes “New Star Academy” at ICBC University in Beijing

China and the world's biggest bank in terms of assets has launched a new faculty at its college in Beijing.

PBOC’s Credit Reference Centre Enters Cooperative Agreement for Accounts Receivable Financing Platform

The Chinese central bank's credit agency has announced that it will work with three of China's leading banks on the operation of...

Ant Financial and ICBC Enter Cooperation on QR Code Compatibility

Fintech giant Ant Financial and China's biggest bank have officially launched cooperation in the area of QR code compatibility.

ICBC, China Merchants, Ping An Become First Banks to Participate in Mutual Fund Advisory Trials

The Industrial and Commercial Bank of China (ICBC), China Merchants Bank and Ping An Bank are amongst the first group of banks...

ICBC Establishes New Senior Supervisory Office

The world's biggest bank has announced the establishment of a new supervisory office amongst its senior executives.

ICBC Enters Comprehensive Strategic Cooperative Agreement with Alibaba, Ant Financial

China and the world's biggest bank in terms of assets has just sealed a strategic partnership with e-commerce and fintech giants Alibaba...

Banks of the Future Will Be Like Fintech Companies, Shift to Dependence on Data instead of Experience: ICBC President Gu Shu

The head of the world's biggest bank in terms of assets has stressed the critical importance of big data and fintech to...

ICBC Enters Strategic Cooperative Agreement with NetsUnion Clearing Corporation

China's biggest bank in terms of assets has entered an official cooperative partnership with the Chinese central bank's clearing platform.

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Industrial IoT Financing the Next “Blue Ocean” for Chinese Fintech: Huang Qifan

The former mayor of Chongqing municipality Huang Qifan (黄奇帆) expects Industrial Internet of Things (IIoT) financing to be the next major area...

Legal Changes Expand Power of Chinese Central Bank, Confer Official Recognition to Digital Renminbi

Proposed amendments to the law governing the Chinese central bank are expected to confer it with greater sway and authority within China's...

Jack Ma Calls for Replacing “Pawnshop Mentality” of Traditional Banks with Big Data-based Credit System

Alibaba-founder Jack Ma has decried the collateral focus of traditional banks in the Chinese financial system, calling instead for the use of...

Digital Lender XWBank Sees Q3 Profits Rise 32%

Sichuan-based direct lender XWBank has seen a sharp on-quarter rise in its profits in the third quarter of 2020, as China makes...