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XWBank
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XWBank
Banking
Online Lender XWBank Accused of Levying Excessive Services Fees for Vehicle Loans
CBNEditor
-
March 19, 2021
0
Sichuan-based direct lender XWBank (新网银行) stands accused of driving up financing costs for consumers by means of exorbitant services fees.
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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
Digital Renminbi Makes Its Debut on Renmin University Campus
Fintech
CBNEditor
-
April 9, 2021
0
Ongoing trials of China's Digital Renminbi have brought the central bank digital currency to one of the country's most prestigious tertiary institutions....
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China’s Services Exports Surge over 20% since Start of 2021, Imports Plunge by More Than 18%
Economy
CBNEditor
-
April 9, 2021
0
China has seen a sharp rise in its exports of services since the start of 2021, in tandem with a plunge in...
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Liquidity to Come Under Modest Pressure in April Following Funds Contraction of 30 Billion Yuan in March
Banking
CBNEditor
-
April 9, 2021
0
Liquidity in the Chinese finance system is expected to come under modest pressure in the month of April as a result of...
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China Co-chairs G20 Sustainable Finance Study Group with United States
Economy
CBNEditor
-
April 9, 2021
0
China will play a leading role in efforts by the G20 to develop solutions for the challenges faced by the global sustainable...
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