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XWBank
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XWBank
Banking
Digital Lender XWBank Sees Q3 Profits Rise 32%
CBNEditor
-
October 26, 2020
0
Sichuan-based direct lender XWBank has seen a sharp on-quarter rise in its profits in the third quarter of 2020, as China makes...
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Fintech
Suning Finance Teams up with XWBank to Provide Digital Supply Chain Financing to Small Business
CBNEditor
-
September 18, 2020
0
The finance vehicle of Chinese retail giant Suning has entered an agreement with a leading digital bank in China to provide digital...
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Fintech
Digital Lender XWBank Sees YoY Drop in Net Profits of 14.81% in First Half of 2020
CBNEditor
-
August 18, 2020
0
Net profits of Sichuanese direct bank XWBank were hard hit in the first half of 2020 by the COVID-19 pandemic.
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Banking
XWBank and China’s Policy Banks to Provide Interest Free Vouchers via Alipay for 10 Billion Yuan in Small Business Loans
CBNEditor
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May 19, 2020
0
Private online lender XWBank is working with China's big three policy banks to provide interest free loans to businesses in 81 cities...
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Banking
Online Lender XWBank Files 139 Patents for AI, Big Data, Distributed Ledger Technology
CBNEditor
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February 27, 2020
0
Sichuan-based online lender XWBank (新网银行) says it's stepping up its independent fintech research and development capabilities.
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Banking
XWBank Defers Repayments, Reduces Interest Rates for Customers Affected by Coronavirus
CBNEditor
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February 11, 2020
0
Sichuan-based online lender XWBank (新网银行) has unveiled a range of special measures for customers impacted by the spread of the novel coronavirus....
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Banking
Sichuan Online Lender XWBank Sees 224% YoY Surge in Net Profits
CBNEditor
-
August 21, 2019
0
Sichuan-based online lender XWBank has posted a YoY surge in net profits in the first half of 2019.
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Most Read
Chinese Central Bank Hails Eradication of P2P Lending, “Orderly Disposal” of High-risk Financial Institutions
Fintech
CBNEditor
-
January 18, 2021
0
The People's Bank of China (PBOC) has highlighted the removal of all of the country's P2P lending platforms in 2020 as part...
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NDRC Flags Active Fiscal Policy, Increased Spending on New Infrastructure in 2021
Economy
CBNEditor
-
January 18, 2021
0
China's chief planning authority has outlined a raft of its policy intentions for 2021, as the national economy continues to recover from...
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China’s GDP Breaches 100 Trillion Yuan Threshold after Posting 2.3% Growth in 2020, Disposable Income up 4.7%
Economy
CBNEditor
-
January 18, 2021
0
Official data points to growth of over 2% in Chinese GDP in 2020 despite the adverse economic impacts of the COVID-19 pandemic....
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China Bans Banks from Selling Depository Products via Third Party Online Platforms
Fintech
CBNEditor
-
January 18, 2021
0
Beijing has issued a new directive which further steps up pressure on the sale of depository products via online fintech platforms, after...
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