Saturday, January 23, 2021
Tags Industrial Bank Co.

Tag: Industrial Bank Co.

Industrial Bank and Everbright Bank Under Investigation over Bond Default of State-owned Coal Enterprise Yongcheng

A trio of China's leading commercial banks will be investigated for their role in underwriting the bonds of Yongcheng Coal & Electricity...

China Development Bank to Issue up to USD$1.43 Billion in Climate Change Green Bonds

One of China's key policy banks has unveiled plans to sell a raft of "climate change response" green bonds to global investors...

Industrial Bank Becomes Third Joint-stock Commercial Bank Approved for Wealth Management Subsidiary

China's banking regulator has given its approval for a third joint-stock commercial bank to prepare to establish its own wealth management subsidiary....

Industrial Bank to Invest 10B Yuan in Debt-for-Equity Subsidiary

Fuzhou-based Industrial Bank has announced the launch of its own debt-for-equity subsidiary. Industrial Bank plans to invest 10 billion yuan in the launch of the...

Industrial Bank Wins 2018 Outstanding Fintech Bank Award

Industrial Bank Co., Ltd. has been named China's leading fintech bank for 2018 by one of the country's top fintech industry events. The Wuxi branch...

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Users of Everbright’s Cloud-Driven Utilities Payment Platform Exceeded Half a Billion in 2020

China Everbright Bank has seen users of its cloud-based utilities payments service surge in 2020, as the COVID-19 pandemic drove sharp gains...

China Unlikely to See Real Estate Loan Rates Decline in 2021 as LPR Holds Steady for Ninth Month Straight

Domestic analysts say that Chinese banks are unlikely to significantly reduce rates for real estate loans in 2021, as regulators continue to...

Chinese Central Bank Unveils Anti-Trust Measures Permitting Break up of Third-Party Payments Platforms

The People's Bank of China (PBOC) will have the power to recommend the dismantling of third party payments platforms under new measures...

Pinduoduo Owner Applies for Payments Trademark

A major shareholder in NASDAQ-listed agricommerce platform Pinduoduo has applied with Chinese authorities to register a Pinduoduo-related payments trademark.