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China fines banks over wealth management transgressions
The China Banking and Insurance Regulatory Commission (CBIRC) recently fined three commercial banks for improper practices in wealth management.
May07,2018
China fines 19 banking institutions over loan fraud
China's banking regulators have imposed a fine of 52.5 million yuan (about 8.33 million U.S. dollars) on 19 banking institutions over a pledge loan fraud case in the country's central Shaanxi and Henan provinces.
February05,2018
China steps up banking oversight to prevent risks
China's top banking regulator has proved with actions that oversight in the banking sector will be tightened and regulatory standards will become stricter.
January23,2018
China moves to regulate entrusted loans
China's top banking regulator on Saturday issued rules to tighten management over entrusted loans, a form of business-to-business lending that involves commercial lenders as intermediaries.
January08,2018
China regulator pledges steady opening-ups in banking sector
China's banking regulator Wednesday pledged to steadily advance opening up of the banking industry following the latest government move to widen foreign access to the financial sector.
December14,2017
China's banking regulator stresses risk prevention after key meeting
China's top banking regulator said Monday it will place more priority on proactively preventing and defusing financial risks.
July18,2017
Banking regulators vow to eliminate secondary risks
To strike a balance between financial stability, gradual deleveraging and stable economic growth, China's banking regulators have rolled out a slew of measures.
May18,2017
China moves to deleverage without destabilizing growth
China is walking a tightrope between deleveraging and maintaining growth.
April26,2017
China’s 8 private banks record RMB180 bln in assets at end-2016
China’s eight operating private banks recorded 180 billion yuan (about 26.15 billion U.S. dollars) in total assets at the end of last year, Cao Yu, vice chairman of China Banking Regulatory Commission (CBRC), said at a press conference on Thursday.
March03,2017
New banking regulator signals risk prevention focus for 2017 agenda
Guo Shuqing, chairman of China's banking regulator, specified the commission's major tasks for 2017, with controlling financial risks as the centerpiece.
March03,2017
New banking regulator signals risk prevention focus for 2017 agenda
Guo Shuqing, chairman of China's banking regulator, specified the commission's major tasks for 2017, with controlling financial risks as the centerpiece.
March03,2017
CBRC approves establishment of two more private banks
China Banking Regulatory Commission (CBRC) has approved applications for the establishment of two more private banks, according to recent announcements by a dozen listed companies which filed the applications.
December23,2016
CBRC tells banks to protect depositors
China is urging banking regulators at various levels to make banks strengthen their management of creditors' rights in order to stop steel and coal companies from dodging payment of debts.
December19,2016
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