Tuesday, October 27, 2020
Tags Microloans

Tag: Microloans

Finance

CBIRC Steps up Pressure on Use of Microloan Funds for Investment in Stocks and Derivatives

CBNEditor - 0
The China Banking and Insurance Regulatory Commission (CBIRC) is stepping up efforts to prevent the use of funds from microloan companiess for...
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Fintech

New Micro-lending Rules Could Oust Thousands of Chinese Fintech Platforms

CBNEditor - 0
The launch of strict new measures concerning online micro-lending is expected to cause a major shakeup in China's Fintech sector, prompting thousands of unlicensed...
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Fintech

Beijing Steps up Scrutiny of Internet Microloans, P2P Lenders Affected

CBNEditor - 0
The Chinese central government has heightened its scrutiny of Internet microlending with the launch of new measures for standardisation of the sector. On 1 December...
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Most Read

Industrial IoT Financing the Next “Blue Ocean” for Chinese Fintech: Huang Qifan

Fintech CBNEditor - 0
The former mayor of Chongqing municipality Huang Qifan (黄奇帆) expects Industrial Internet of Things (IIoT) financing to be the next major area...
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Legal Changes Expand Power of Chinese Central Bank, Confer Official Recognition to Digital Renminbi

Economy CBNEditor - 0
Proposed amendments to the law governing the Chinese central bank are expected to confer it with greater sway and authority within China's...
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Jack Ma Calls for Replacing “Pawnshop Mentality” of Traditional Banks with Big Data-based Credit System

Fintech CBNEditor - 0
Alibaba-founder Jack Ma has decried the collateral focus of traditional banks in the Chinese financial system, calling instead for the use of...
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Digital Lender XWBank Sees Q3 Profits Rise 32%

Banking CBNEditor - 0
Sichuan-based direct lender XWBank has seen a sharp on-quarter rise in its profits in the third quarter of 2020, as China makes...
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