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CDB lends trillions of yuan to develop Yangtze River Economic Belt

CDB lends trillions of yuan to develop Yangtze River Economic Belt

2019-02-27 10:22

As of December 2018, outstanding loans to 11 provincial-level regions along the belt amounted to 3.85 trillion yuan (about 575 billion U.S. dollars).

China to increase bank loans to private firms

China to increase bank loans to private firms

2019-02-26 09:19

Chinese authorities on Monday demanded increased financial support for private firms.

Chinese commercial banks see higher profits, lower NPL ratio

Chinese commercial banks see higher profits, lower NPL ratio

2019-02-26 08:42

The profits of Chinese commercial banks increased, while the non-performing loan (NPL) ratio declined as of the fourth quarter in 2018.

Chinas online insurance policy deals surge 18 times over five years

China's online insurance policy deals surge 18 times over five years

2019-02-25 17:01

China's online insurance policy deals have expanded 18 times over the past five years, the Securities Daily reported.

Fee cuts to help banks, brokerages better serve real economy

Fee cuts to help banks, brokerages better serve real economy

2019-02-25 16:59

China's banking and securities self-regulatory organizations are preparing fee cut plans to boost members' roles in serving the real economy.

Chinas only rural policy bank becomes leading bonds issuer

China's only rural policy bank becomes leading bonds issuer

2019-02-25 16:53

The Agricultural Development Bank of China (ADBC), the country's only rural policy-oriented bank, has become the third largest bonds issuer at home.

Chinas overnight Shibor interbank rate rises Monday

China's overnight Shibor interbank rate rises Monday

2019-02-25 11:42

The overnight Shibor, which measures the borrowing cost on China's interbank market, rose 17.4 basis points to 2.605 percent Monday.

China has over 75,000 private equity funds by January

China has over 75,000 private equity funds by January

2019-02-25 10:33

China had 75,178 private equity (PE) funds by the end of January, with a combined value of 12.74 trillion yuan (about 1.87 trillion U.S. dollars).

Corporate lending cost down in Q4: report

Corporate lending cost down in Q4: report

2019-02-25 10:07

The weighted average interest rate for non-financial companies and other organizations stood at 5.63 percent in December.

China extends takeover of Anbang for another year

China extends takeover of Anbang for another year

2019-02-23 17:30

The Chinese regulator will keep control of Anbang Insurance Group for another year.

Indian banks likely to cut lending rates by 50 basis points by next year

Indian banks likely to cut lending rates by 50 basis points by next year

2019-02-22 13:49

Indian banks are likely to cut lending rates by 50 basis points by March 2020 following the capital infusion by the finance ministry of $6.8 billion.

Chinas central bank elaborates monetary policy priorities

China's central bank elaborates monetary policy priorities

2019-02-22 11:31

PBoC has vowed to innovate and improve financial regulation to serve the real economy, prevent financial risks and deepen financial reforms.

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