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Nation raises foreign banks' debt quota
The National Development and Reform Commission announced on Monday it will allow foreign banks in China to apply for government approval for a quota increase in their medium to long-term foreign debt for 2019.
November27,2018
China to simplify administrative procedures for foreign banks
China will further cut red tape to create a better business environment for foreign banks, the country's banking regulator said Thursday.
December29,2017
Foreign banks to be allowed retail banking service in Myanmar
Foreign banks are soon to be allowed to run retail banking service in Myanmar as part of relaxation measures by the Central Bank, U Set Aung, the bank's deputy governor told the parliament late Monday.
July11,2017
Economists of foreign banks express optimism over Chinese economy
Several chief China economists of foreign banks have expressed their confidence in the Chinese economy which posted a robust 5.2 percent year-on-year growth in 2023, recent interviews with Xinhua revealed.
January22,2024
B&R Initiative provides new opportunities for foreign banks
The Belt and Road (B&R) Initiative has provided new opportunities for foreign banks, according to many foreign bank giants.
January11,2018
Foreign banks speed up layouts in Chinese market
Multiple foreign banks plan to increase presence in China in 2021 following their impressive performance in the Chinese market in 2020, reported Shanghai Securities News Wednesday.
March03,2021
China grants foreign banks access to fund custody business
China will allow foreign banks to gain access to fund custody business in its market, as part of efforts to further open up the financial sector, the country's securities and banking regulators said Friday.
July13,2020
China to revise rules on foreign banks
China Banking and Insurance Regulatory Commission (CBIRC) on Wednesday unveiled a draft instrument on the regulation of foreign banks to solicit public opinions.
November29,2018
Foreign banks have a hard time developing in China
It is significant to promote international cooperation in the energy sector and infrastructure development along the Belt and Road.
January01,2017
China cuts red tape for foreign banks
China's banking regulator has cut red tape for foreign banks.
February26,2018
Total assets of foreign banks, insurers in China top 5 trillion yuan
Total assets of foreign banks and insurers in China had exceeded 5 trillion yuan (about 702.2 billion U.S. dollars) amid the expansion of a two-way opening-up of the banking and insurance sector, the country's top banking regulator said on Monday.
May26,2020
Foreign bank issues green financial bond in China for first time
OCBC Wing Hang Bank (China) has issued its 2022 green financial bond with a total scale of 500 million yuan recently, marking the first green financial bond issued by a foreign bank in Chinese domestic market, reported Chinanews.com Tuesday.
November16,2022
Foreign banks introduce new business in China to promote green and sustainable development
HSBC Bank (China) Company Limited announced Wednesday the launch of green personal mortgage business in the Chinese mainland market, reported Chinanews.com.
July07,2022
Foreign banks, insurers set up nearly 100 institutions in China since 2018
Chinese authorities have given approval to foreign banks and insurers to set up nearly 100 institutions in China since 2018, an official said Sunday.
September07,2020
China issues trial measures for supervisory rating of foreign banks' branches
The China Banking and Insurance Regulatory Commission on Tuesday released trial measures for the comprehensive regulatory rating of foreign bank branches.
December28,2022
Chinese and foreign banks deepening cooperation in B&R development
In the past six years since the Belt and Road Initiative (BRI) was proposed, the cooperation of financial integration has been continuously deepening thanks to the joint effort made by financial institutions and the related enterprises and institutions in countries participating BRI.
June11,2019
Total assets of foreign banks in Shanghai rise 12.6 pct y-o-y in H1
Foreign banks in east China's Shanghai maintained a good development trend in the first half of the year, with their total assets totaling 1.53 trillion yuan, increasing 12.6 percent year on year, according to the local authority on Tuesday.
August07,2018
New opening-up policies bring dev. opportunities for foreign banks, experts
With the launch of China's new round of opening-up, foreign banks are ushering in valuable opportunities to extend business in China, according to experts.
May07,2019
China retains strong appeal for foreign banks amid high-standard opening up
China's opening up of its financial sector with greater depth will bring more opportunities for foreign institutions and encourage them to invest in the country, according to government officials.
November10,2023
CBIRC solicits opinions on revision of foreign bank management regulations
China Banking and Insurance Regulatory Commission (CBIRC) announced on Thursday to solicit public opinions on the revision of foreign bank management regulations.
October26,2018
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