Tuesday, January 19, 2021
Tags Online banking

Tag: Online banking

Online Finance is Changing the Role of China’s Physical Banks

As mobile and online banking platforms surge in popularity, Chinese lenders are changing the nature and staff structure of their branch operations. China's leading banks are already abuzz with talk of...

Ping An Bank Formally Launches Online Lending Management Operations

Ping An Bank has officially joined the ranks of Chinese lenders providing online lending capital management services with the launch of its new web platform, The Shenzhen-headquartered bank...

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Chinese Central Bank Hails Eradication of P2P Lending, “Orderly Disposal” of High-risk Financial Institutions

The People's Bank of China (PBOC) has highlighted the removal of all of the country's P2P lending platforms in 2020 as part...

NDRC Flags Active Fiscal Policy, Increased Spending on New Infrastructure in 2021

China's chief planning authority has outlined a raft of its policy intentions for 2021, as the national economy continues to recover from...

China’s GDP Breaches 100 Trillion Yuan Threshold after Posting 2.3% Growth in 2020, Disposable Income up 4.7%

Official data points to growth of over 2% in Chinese GDP in 2020 despite the adverse economic impacts of the COVID-19 pandemic....

China Bans Banks from Selling Depository Products via Third Party Online Platforms

Beijing has issued a new directive which further steps up pressure on the sale of depository products via online fintech platforms, after...