Friday, April 23, 2021
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

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

Banking CBNEditor - 0
The total assets of the Chinese banking sector saw an increase of over 9% at the end of the first quarter of...
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20 Chinese Companies Pursue US Listings in First Quarter of 2021, Funds Raised Surge over 10-Fold Despite Sino-US Tensions

Finance CBNEditor - 0
The first quarter saw a precipitous surge in funds raised by Chinese companies opting to list in the US, despite ongoing tense...
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National Fiscal Revenues in China Rise over 24% in First Quarter

Economy CBNEditor - 0
China's national fiscal revenues surged in the first quarter of 2021, as the economy continues to recover from the initial impacts of...
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Singapore’s DBS Bank Plans to Grab Biggest Stake in Leading Shenzhen Lender

Banking CBNEditor - 0
Singaporean multinational lender DBS Bank has unveiled plans to acquire over a tenth of equity in a major lender in the Shenzhen...
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