Friday, April 23, 2021
Tags Microloans

Tag: Microloans

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

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

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

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...

Beijing Steps up Scrutiny of Internet Microloans, P2P Lenders Affected

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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Chinese Banking Sector Assets up 9.2% YoY at End of First Quarter, NPL Ratio Edges Lower

The total assets of the Chinese banking sector saw an increase of over 9% at the end of the first quarter of...

20 Chinese Companies Pursue US Listings in First Quarter of 2021, Funds Raised Surge over 10-Fold Despite Sino-US Tensions

The first quarter saw a precipitous surge in funds raised by Chinese companies opting to list in the US, despite ongoing tense...

National Fiscal Revenues in China Rise over 24% in First Quarter

China's national fiscal revenues surged in the first quarter of 2021, as the economy continues to recover from the initial impacts of...

Singapore’s DBS Bank Plans to Grab Biggest Stake in Leading Shenzhen Lender

Singaporean multinational lender DBS Bank has unveiled plans to acquire over a tenth of equity in a major lender in the Shenzhen...