Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
bank Sorting by the latest release time

  • Central Huijin increases stakes in major Chinese banks

    Central Huijin Investment Ltd. (Central Huijin), a state-owned investment company, has increased its holdings of A-shares in four of China's largest lenders, according to the banks' announcements released Wednesday.

    October12,2023


  • China's banks handle record 3.13 trln yuan of non-performing assets in 2021

    China's banking sector handled 3.13 trillion yuan (about 492.4 billion U.S. dollars) worth of non-performing assets last year, effectively reducing credit risks, official data showed.

    February09,2022


  • China EximBank issues trillions in import credit funds

    The Export-Import Bank of China (China EximBank) has issued more than 2.4 trillion yuan (about 366.5 billion U.S. dollars) of import credit funds since it launched the service in 2006.

    November20,2020


  • China Everbright Bank speeds up digitalization with application system cloud rate reaching 88 pct

    China Everbright Bank has advanced digital transformation with the bank's application system cloud rate reaching 88 percent by the end of July.

    September11,2020


  • N. China's Tianjin provides financial support for sports enterprises to resume production

    North China's Tianjin Municipal Sports Bureau has teamed up with a local bank to provide financial support for sports enterprises to resume production in the post-epidemic period, said the bureau on Thursday.

    July03,2020


  • China to boost efforts on reform, restructuring of small, medium-sized banks this year

    Chinese banking regulator is making efforts to deepen reform and risk mitigation of small- and medium-sized banks, said Cao Yu, vice chairman of China Banking and Insurance Regulatory Commission (CBIRC).

    April24,2020


  • China interbank money market turnover falls in February

    China's interbank money market saw 58 trillion yuan (about 8.2 trillion U.S. dollars) in transactions in February, down 8.22 percent year on year, data from the People's Bank of China showed.

    March23,2020


  • Banks won't disrupt services and will provide financial assistance for debtors instead, stresses TBA

    TBA member banks are ready to provide assistance to corporate customers facing operation difficulty as well as individual customers in accordance with the assistance package announced in February.

    March20,2020


  • China's financial institutions issue over 110 billion yuan of preferential loans

    China's financial institutions have issued 111.4 billion yuan (about 15.9 billion U.S. dollars) of low-cost loans by Sunday to help businesses get back on track amid the coronavirus epidemic, the central bank said Tuesday.

    March18,2020


  • China's anti-epidemic credit exceeds 1.25 trillion yuan

    Chinese banking institutions had offered credit support of over 1.25 trillion yuan as of Tuesday noon to meet firms' financing needs for epidemic prevention and control, according to the China Banking Association on Tuesday.

    March04,2020


  • Chinese banks' anti-epidemic credit support exceeds 1.15 trln yuan

    Chinese banking institutions had offered credit support of over 1.15 trillion yuan as of Monday noon to meet firms' financing needs for epidemic prevention and control, the Xinhua-run cs.com.cn reported on Monday.

    March03,2020


  • Prudent monetary policy will remain during outbreak: PBOC

    China will continually strengthen monetary and credit support to promote economic growth and limit the impact of the novel coronavirus outbreak while maintaining stable prices, the People's Bank of China, the central bank, said in its quarterly monetary policy report issued on Wednesday night.

    February20,2020


  • China sees surging online transactions during Spring Festival

    Chinese card payment giant China UnionPay reported an increasing number of online transactions during the weeklong Spring Festival holiday.

    February06,2020


  • China simplifies preferred stocks offering requirements for non-listed banks

    China's banking and securities regulators amended guiding opinions on commercial banks issuing preferred stocks to streamline their capital supplementation channels and better support the real economy, reported the Xinhua-run Economic Information Daily on Monday.

    July22,2019


  • First Taiwan-funded bank approved to issue credit card in Chinese mainland

    Shanghai-based Fubon Bank (China) Co. has recently received approval to issue credit cards in the Chinese mainland, according to a Chinese mainland spokesperson Wednesday.

    May30,2019


  • Postal Saving Bank of China approved to set up wealth management unit

    Postal Saving Bank of China announced on Wednesday that it had won approval from the China Banking and Insurance Regulatory Commission to establish a subsidiary focusing on wealth management business.

    May30,2019


  • Chinese, British banks to offer financial support to BRI

    The Export-Import Bank of China and Standard Chartered Bank on Thursday signed a memorandum of understanding (MoU) for cooperation under the framework of the Belt and Road Initiative (BRI).

    April26,2019


  • China's commercial banks earnings rise in H1

    China's commercial banks saw fast profit growth during the first half of this year, official data showed.

    August14,2018


  • China has over 7 bln bank cards

    China had issued 7.03 billion bank cards by the end of 2017, meaning each Chinese person has about 5 cards on average, according to a new industry report.

    June25,2018


  • China continues to inject liquidity into money market

    China's central bank continued to inject funds into the financial system through open market operations on Friday to offset liquidity pressure.

    June19,2018


  • Ask Us A Question belt & road login close

    If you have any questions, please enter them in the box below.

    Identifying code Reload

    Write to Us belt & road login close

    Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

    Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

    Start a Free Trial