Saturday, April 17, 2021
Tags Industrial Bank Co.

Tag: Industrial Bank Co.

Industrial Bank Expands Tech Investment as Revenues Breach 200 Billion Yuan Threshold

Industrial Bank Co., Ltd. posted strong revenue growth in 2020 despite the economic impacts of the COVID-19 pandemic.

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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Actually Used Foreign Investment in China Rises Nearly 40% in First Quarter, New Foreign Invested Enterprises up 47.8%

China has seen a surge in foreign investment in the first quarter of 2021 compared to the same period in 2020, with...

China’s Q1 GDP Surges 18.3% YoY, Two Year Average Growth Rate at 5.0%

Chinese GDP in the first quarter of 2021 has seen a surge compared to the same period last year, given the low...

MLF Rates Remain Unchanged for 13th Consecutive Month as Chinese Monetary Policy Stresses Stability

The Chinese central bank's open market operations (OMO) have kept the rate for medium-term instruments unchanged for over a year, with analysts...

PBOC Reiterates Commitment to Anti-trust Enforcement in Chinese Payments Sector, Development of Cross-border Payments

The Chinese central bank has stressed its commitment to enforcing anti-trust measures in China's payment sector, as well as efforts to improve...