Saturday, October 24, 2020
Tags Online lending

Tag: Online lending

Banking

Online Lending Platforms Struggle Due to Security Concerns

CBNEditor - 0
Online lending platforms in China have seen a decline in total transactions following dozens of closures. Data from Rong360 indicates that the online lending sector...
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Banking

CBRC Tightens the Screws on Internet Lending by Private Banks

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China's banking regulator plans to step up regulatory requirements for the online lending activities of the country's private banks. CBRC issued the draft version of...
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Most Read

Fintech Giant Lufax Pursues USD$2.36 Billion Stateside IPO

Fintech CBNEditor - 0
Chinese fintech giant Lufax has revealed more details on its plans to pursue an initial public offering (IPO) in the US despite...
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China to Increase Qualified Domestic Institutional Investor Quota by around USD$10 Billion

Economy CBNEditor - 0
China's forex administration has announced a further increase to the foreign investment quota for qualified domestic institutional investors (QDII).
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Zhou Xiaochuan Weighs in on Internationalisation of the Renminbi at 2020 Financial Street Forum

Economy CBNEditor - 0
Zhou Xiaochuan, the former head of the Chinese central bank, has voiced his opinions on the near-term prospects for the internationalisation of...
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PBOC Launches Fintech Research Centre, Calls for “Comprehensive Increase” in China’s Fintech Competitiveness and Influence

Fintech CBNEditor - 0
A senior official from the People's Bank of China (PBOC) has called for the country to further drive efforts for the development...
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