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Bank of China joins Dubai derivatives exchange DGCX

Bank of China joins Dubai derivatives exchange DGCX

2016-03-11 08:17

Bank of China was appointed as a settlement bank for Dubai Commodities Clearing Corporation (DCCC)

Chinas facial recognition technology to boost online financing

China's facial recognition technology to boost online financing

2016-03-07 08:36

Chinese borrowers will find the facial recognition easier, and safer, to secure small loans online.

China to establish financial security review,counter-sanction mechanisms

China to establish financial security review,counter-sanction mechanisms

2016-03-05 21:13

China will establish financial security review and counter-sanction mechanisms by 2020.

Alibabas Internet lender extends 45 bln yuan in loans in 8 months

Alibaba's Internet lender extends 45 bln yuan in loans in 8 months

2016-02-29 18:48

Alibaba's Internet lender extends 45 bln yuan in loans in 8 months to small businesses and individuals.

PBOC to cut RRR rate from 1st March

PBOC to cut RRR rate from 1st March

2016-02-29 18:21

China is determined to cut the reserve requirement ratio (RRR) by 50bp for all financial institutions from 1st March.

China steps up financial support for modern agriculture

China steps up financial support for modern agriculture

2016-02-26 18:34

China will improve financial support for the modernization of the agricultural industry.

China to maintain stable monetary policies: central bank governor

China to maintain stable monetary policies: central bank governor

2016-02-26 14:49

China will continue to implement stable monetary policies, said Zhou Xiaochuan, governor of the People's Bank of China, on Friday.

China UnionPay, Visa ink MOU to brace against industrial challenges

China UnionPay, Visa ink MOU to brace against industrial challenges

2016-02-25 20:39

China UnionPay and Visa inked a memorandum of understanding on payment innovation, security and inclusive finance.

Chinas major banks scrap charges on mobile transfers

China's major banks scrap charges on mobile transfers

2016-02-25 18:21

China's five biggest commercial banks announced on Thursday that they will no longer charge fees on domestic yuan transfers through cellphone.

ADB to fund 1.5 bln USD for Bangladesh-Myanmar railway network

ADB to fund 1.5 bln USD for Bangladesh-Myanmar railway network

2016-02-19 18:55

The Asian Development Bank (ADB) is reportedly keen to fund a 1.5 billion U.S. dollars for building a rail line that will connect Cox's Bazaar.

Chinese banks play major presence in Dubai intl financial center

Chinese banks play major presence in Dubai int'l financial center

2016-02-18 08:22

The banks from China play major presence and stand for 25 percent of the combined balance sheets of the DIFC.

Chinese banking sectors bad loan rate rises in 2015

Chinese banking sector's bad loan rate rises in 2015

2016-02-15 17:14

The bad loan rate in China's banking sector rose slightly in 2015, according to the country's top banking regulator on Monday.

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