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Wednesday, November 25, 2020
Tags Interbank certificate of deposit

Tag: Interbank certificate of deposit

PBOC Will Be “Super Central Bank” Following Regulatory Shake-up: Ren Zeping

One of China's leading economists says that sweeping reforms of the country's financial regulatory framework will see the People's Bank of China become a...

Growth in Wealth Management Products Plunges to 1.69%

Growth in the value of the wealth management products sold by Chinese banks has posted a precipitous decline following the central government's launch of...

Heightened Regulatory Pressure Could Lead to Consolidation of China’s Banking Sector

Smaller-sized lenders in China are finding it harder to obtain funds via the money market, as liquidity becomes constrained and regulators step up their...

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China Leads World in Cross-border Data Flows with 23% Global Share

China has emerged as the world's firm leader when it comes to cross-border data flows as its digital and online economies continues...

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

A senior official from one of China's big six state-owned banks has highlighted the critical role that fintech will play in shoring...

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...