Thursday, January 28, 2021
Tags Non-performing assets

Tag: Non-performing assets

China’s Non-performing Loans Could Hit Historic Peak of 3 Trillion Yuan by 2020

The head of China's biggest financial asset management company in terms of total assets sees the country's non-performing loans rising to a record high...

Chinese Banks Set to Accelerate Disposal of NPL’s, Debt-Equity Swaps of Limited Effect

One of China's leading state-owned asset management companies expects commercial banks to moderately expand their disposal of non-performing loans this year, pointing to the...

BOC Launches Two Issues of Non-performing Asset Backed Securities

Bank of China launched its first two issues of non-performing asset backed securities at the end of March, including the lender's first issue of securitised...

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China Issued USD$8.87 Trillion in Bonds in 2020 for YoY rise of over 26%: PBOC

The latest data from the Chinese central bank points to a marked rise in bond issuance in 2020 amidst the peak of...

Beijing, Guangdong, Shanghai All Stress Digital Renminbi, Financial Opening in 2021 Government Work Reports

Several of China's biggest regional economies have outlined plans to accelerate digital renminbi trials and financial opening measures in their government work...

ByteDance’s Douyin to Serve as China Central Television’s Spring Festival Broadcast Partner for 2nd Year Running

TikTok's Chinese counterpart Douyin will be the official partner for the Spring Festival gala show that will be screened by China's state-owned...

China UnionPay Establishes Commanding Presence in South-east Asia’s Digital Payments Market

Payments giant China UnionPay is making bold forays into the digital payment sectors of multiple countries throughout South-east Asia.