China banks
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Standard Chartered To Build New $40 Million Center In Guangzhou
The establishment of the new Standard Chartered Greater Bay Area Center in Guangzhou is part of the company's wider strategy to expand its operations in the region. The establishment of the new Standard Chartered Greater Bay Area Center in Guangzhou is part of the company's wider strategy to expand its operations in the region. -
China Names And Shames Misbehaving Shareholders Of Banks, Insurers
Chinese regulators have targeted 38 corporate investors for "grave" violations. Chinese regulators have targeted 38 corporate investors for "grave" violations. -
Investors Remain Uncertain Over The Rise Of Pandemic Cases In Beijing, US
The People's Bank of China maintained its benchmark lending rate for two months in a row as investors remained uncertain over the rise of pandemic cases in Beijing and the US. The People's Bank of China maintained its benchmark lending rate for two months in a row as investors remained uncertain over the rise of pandemic cases in Beijing and the US. -
80 Percent Of Chinese Banks Convert To Online Banking By 2024
The International Data Corporation (IDC) has predicted that Chinese banks would acquire fintech solutions from the cloud market by 2024 that could result in complete digitization of its banking system. The International Data Corporation (IDC) has predicted that Chinese banks would acquire fintech solutions from the cloud market by 2024 that could result in complete digitization of its banking system. -
CBIRC Modifies Regulations To Welcome Wholesale Banking
Last Wednesday, the China Banking and Insurance Regulatory Commission (CBIRC) announced regulatory measures on foreign-invested banks operating within the country. Last Wednesday, the China Banking and Insurance Regulatory Commission (CBIRC) announced regulatory measures on foreign-invested banks operating within the country. -
Profitability Squeeze Puts Major Chinese Banks Under Pressure
Rising deposits competition squeezing major Chinese banks' interest margins in the fourth quarter Rising deposits competition squeezing major Chinese banks' interest margins in the fourth quarter -
China's Major Finance Institutions Facing Tough Times
China's banking officials, hounded by present economic crunch, see bad loans increasing in 2020 China's banking officials, hounded by present economic crunch, see bad loans increasing in 2020 -
Retail Banking Helped Ping An Bank Grow Net Profits
Ping An Bank saw significant increases in revenue and net profits in 2018. The bank said these developments were propelled by its expansion in retail banking over the last few years. Ping An Bank saw significant increases in revenue and net profits in 2018. The bank said these developments were propelled by its expansion in retail banking over the last few years. -
China Urges Banks And Insurers To Improve Loan Services For Underserved Private Firms
China has released a document urging banks and insurers to step up efforts in assisting private firms. The CBIRC is expecting lenders to increase their loan offers by 30 percent this year. China has released a document urging banks and insurers to step up efforts in assisting private firms. The CBIRC is expecting lenders to increase their loan offers by 30 percent this year.