Friday, October 23, 2020
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Tag: XW Bank

Digital Lender XWBank Unveils New Senior Management Team

Sichuan-based digital lender XWBank has appointed a new team of senior executives following the departure of former president Zhao Weixing in late...

Former President of XWBank Appointed Vice-president of Xiaomi Finance

The head of one of China's leading online lenders and private banks has joined the finance vehicle of smartphone giant Xiaomi.

Online Lender XWBank Posts 205.4% Growth in Net Profits in 2019

Sichuan-based direct lender XWBank has seen a surge in profitability in 2019. As of...

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China’s P2P Platforms Drop from 5000 to Less Than 6

Chinese P2P lending has been all-but squeezed out of existence by regulators in response to widespread issues with fraud in the once-flourishing...

CSRC Says Blockchain Used in Regtech Pilot Schemes for China’s Regional Equity Markets

A senior official from the China Securities Regulatory Commission (CSRC) has highlighted the application of blockchain technology to regulatory trials in the...

China’s Top Finance Regulators Send Raft of Policy Signals at 2020 Financial Street Forum

Senior officials from the People's Bank of China (PBOC), the China Banking and Insurance Regulatory Commission (CBIRC) and the China Securities Regulatory...

PBOC to Issue New Rules on Assessment of Systemically Important Banks

A senior official has flagged the imminent launch by the Chinese central bank (the People's Bank of China) of new rules governing...