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Traditional banks usher in smart transformation by cutting branches and closing ATMs
Traditional banks have embarked on the path of smart transformation. The used-to-be-everywhere physical branches are slimming away, along with roadside ATMs. But such offline to online banking transformation encounter difficulties as well during the process.
October22,2020
Agricultural Bank of China beefs up support for private businesses
The Agricultural Bank of China, one of the country's largest commercial lenders, has scaled up support for the private economy sector.
August28,2023
Interview: China is at center of our business, says Standard Chartered Bank Group CEO
China remains a key focus for Standard Chartered Bank and the group's overall commitment to the country has only increased, said Bill Winters, group CEO of the banking corporation, in a recent interview with Xinhua.
October25,2024
Kenyan bank sends over 100 business customers for market exposure trip to China
Kenya's regional financial institution NCBA Bank said Monday it has sent more than 100 business customers to China for a market familiarization tour to enable them to explore business deals.
October15,2024
China's business profitability improves in Q2: central bank survey
Profitability of Chinese enterprises improved in the second quarter (Q2) of the year, a central bank survey showed.
July04,2022
China's central bank to inject cash into smaller businesses
China's central bank will add 300 billion yuan (about 46.49 billion U.S. dollars) of reloan quota in the next four months to support small and micro firms and self-employed businesses, according to the People's Bank of China (PBOC) Tuesday.
September08,2021
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
China Exim Bank expands business in Africa
The Export-Import Bank of China (China Exim Bank) has stepped up efforts to expand its business to 45 African countries by the end of June this year and financed a number of projects in multiple fields.
August31,2018
Bank of China approved to start business in Turkey
The Bank of China (BOC) was approved to start operation in Turkey, Turkish Deputy Prime Minister Mehmet Simsek announced on May 3. The bank's Turkish headquarter will be established in Istanbul.
May11,2016
Industrial Bank extends 56 pct more loans to small businesses
The Industrial Bank Co., Ltd. issued more inclusive loans to micro and small businesses in 2021 to help them resolve financing difficulties amid the COVID-19 pandemic, the lender said.
May05,2022
Industrial Bank issues more loans for small businesses
The Industrial Bank Co., Ltd., one of the leading lenders in China, continued support for smaller businesses with outstanding loans to them rising steadily during the first half of the year.
August10,2020
Interview: Standard Chartered Bank Group CEO stresses broad business prospects in China thanks to innovation, opening up
As China's high-tech sector thrives and Chinese firms continue to explore opportunities overseas, the China-related business of Standard Chartered Bank has seen a robust growth and enjoys broad prospects, said Bill Winters, group CEO of the banking corporation.
March24,2025
Chinese banks see rising asset custody business
China's banking industry has seen a rise in asset custody services, with banks seeking to expand the business and maintain profitability, according to the China Banking Association.
September14,2020
Businesses' demand for loans increases in Q1: central bank
China saw stronger overall demand for loans in the first quarter of this year, a central bank survey showed.
May06,2020
Business confidence index rebounds in Q1: central bank
Business confidence among Chinese entrepreneurs rebounded in the first quarter of the year after falling for two quarters consecutively, according to a central bank survey.
March25,2019
Chinese banks' wealth management businesses remain stable
Chinese banks' wealth management businesses remained stable in recent years with a better product structure, according to the country's top banking regulator.
May25,2020
Industrial Bank's outstanding loans for small businesses exceed 310 bln yuan
The Industrial Bank, one of the leading lenders in China, had seen its outstanding inclusive loans for small and micro enterprises reach over 310 billion yuan (about 49 billion U.S. dollars) by the end of February.
March14,2022
China Minsheng Bank steers more loans to private businesses
China Minsheng Bank had reported 1.5 trillion yuan (about 217 billion U.S. dollars) worth of outstanding loans to private businesses by the end of 2019, according to data from the bank.
February03,2020
China Everbright Bank defers loan payments for small businesses
China Everbright Bank, a joint-stock lender, ramped up its credit support for small and micro enterprises amid the novel coronavirus disease (COVID-19) outbreak.
April13,2020
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