Tuesday, January 19, 2021

Tags XWBank

Tag: 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 - 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 - 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 - 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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