Monday, October 26, 2020
Tags Jiangsu Suning Co.

Tag: Jiangsu Suning Co.

Over Half of Staff at O2O Lender Suning Bank are in Tech, Borrowers Rise 13-fold in One Year

Over half of staff at China's first Online-to-Offline (O2O) bank are tech personnel, as digital banking rapid expands its presence within the...

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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...

Renminbi Internationalisation Will Be Guided by the Market, Regulators Must Reduce Cross-border Restrictions: Chinese Central Bank Head

The governor of the People's Bank of China (PBOC) has highlighted the key role of market forces in broader efforts to expedite...