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Credit Suisse wants to grow in China
Since June 2020, the major Swiss investment bank has hired more than 120 people in China and wants to grow its team in the country by three times in the next five years.
November02,2021
Higher export credit guarantees
The German government provided credit guarantees for 21 billion euros worth of exports by German companies in 2019.
February18,2020
Tibet issues more green credit
Southwest China's Tibet Autonomous Region has channeled more loans to organic farming, solar energy and other green projects, and its balance of green credit has been on the rise, according to local authorities.
October11,2021
Zhima Credit to do away with deposits
Zhima Credit, the online credit scoring service of e-commerce giant Alibaba, said on Wednesday that it would invest 1 billion yuan ($151 million) to eliminate security deposits in the sharing economy.
November24,2017
"Credit cities" taking shape in China
After graduation, Zhang Hao, 28, found a job at a securities company in eastern China's Hangzhou city. On his mobile app Alipay, he saw an apartment he liked.
July21,2017
Nation building credit info system
China's financial regulators are building a nationwide credit information monitoring system, based on assessing the debt payment ability of businesses and individuals, and overseas credit information service companies will be allowed to participate in it.
November22,2018
Vietnam's credit growth forecast at 19 pct in 2018
Vietnam's credit growth is much likely to stand at 18-19 percent in 2018, similar to the rates in the last three years, the National Financial Supervisory Commission said on Monday.
January08,2018
Credit Suisse’s banking license in China is underway
After market rumors about the Swiss bank giving up on entering China’s market, the CEO stated that the banking license is underway. The bank will also acquire full ownership of the securities activities
June10,2022
Shanghai banks grant huge credit to support tourism recovery
Five banks in Shanghai on Thursday jointly granted credit totaling 50 billion yuan (about 7.4 billion U.S. dollars) to support the recovery of the city's cultural and tourism industry.
June17,2022
Austria to open 1 billion euro of credit line for investment in Iran
Austria's Oberbank will grant one billion euro of credit line for financing investment projects in Iran, visiting Austria's Federal Minister of Finance Hans Jorg Schelling said, as quoted by Tehran Times daily on Monday.
June13,2017
Home loan credit expected to tighten this year
The rising interest rate of home mortgage loans to first-time home buyers in Guangzhou and other first-tier cities has caused concern in the market recently, according to a report by China Securities Daily.
February07,2018
Credit construction leads enterprises to "go global"
Strengthening the construction of credit system in the field of foreign economic cooperation will help lead enterprises to continuously standardize their own behaviors and create a more benign environment for foreign economic cooperation.
March01,2018
Xinhua Credit rolls out English version
China Economic Information Service (CEIS), an affiliate of Xinhua News Agency, Tuesday launched the English version of its credit information platform Xinhua Credit, during the 2019 Forum for Credit System Construction of Chinese Cities.
September25,2019
First ABS credit protection contract listed in SSE
Shanghai Stock Exchange (SSE) witnessed recently issuance of the first asset-backed securities (ABS)-based credit protection instrument, reported China Securities Journal citing SSE Friday.
March29,2019
Credit data to be part of listing approval procedure
Government approval of initial public offerings will take enterprises' credit data into consideration, as part of the nation's broader efforts to build a nationwide social credit system.
December04,2018
Beijing to register "credit scores" for all citizens by 2020
Beijing municipality will complete a project to register "credit scores" for all permanent residents by 2020, the local economic planner said Wednesday.
November22,2018
Credit Agricole CIB aims to keep double-digit growth in Chinese market
Nicolas Vix, president of Credit Agricole CIB (China) Ltd., said the bank aims to continue its double-digit growth in the Chinese market this year, casting a vote of confidence in the prospects of the world's second-largest economy.
January10,2022
Credit economy to fuel social governance innovation and digital economy development
Entities with a sound credit record can enjoy benefits everywhere and integrity makes city a more convenient place, said Lian Weiliang, deputy director with the National Development and Reform Commission (NDRC).
June11,2018
Zhima Credit makes visa applications easier
A credit-scoring mechanism of Ant Financial Services Group now allows Chinese travelers to circumvent the need to submit bank statements when applying for Canadian visitor visas.
November27,2018
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