Monday, April 12, 2021
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Tag: Industrial Bank

Industrial Bank Launches Financial Services Cloud Platform in Fujian Province

A leading commercial bank in China has helped launch a new fintech platform in the south-eastern province of Fujian as part of...

Industrial Bank Launches First 10bn Convertible Bond Fund

China's Industrial Bank Co. executed an agreement on 5 April for its largest ever bond conversion fund. Industrial Bank executed the Bond Share Conversion Fund...

China’s Industrial Bank Obtains Approval for Private Placement

Regulators have given their approval to a non-public share offering by China's Industrial Bank Co. that hopes to raise as much as 2.6 billion yuan...

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One of America's leading tech entrepreneurs believes that China could use the Bitcoin cryptocurrency as a "financial weapon" against the US should...

Chinese Central Bank Reportedly Orders Lenders to Keep 2021 Credit Growth on Par with Last Year

The People's Bank of China (PBOC) has reportedly issued an order for leading banking sector financial institutions to scale back credit growth...

Alibaba Hit with $2.78B Anti-Trust Penalty by China’s Market Regulator

Jack Ma's Alibaba has been slapped with a massive fine by China's market regulator following the launch of an anti-trust investigation into...

Digital Renminbi Makes Its Debut on Renmin University Campus

Ongoing trials of China's Digital Renminbi have brought the central bank digital currency to one of the country's most prestigious tertiary institutions....