Guangzhou Development District Holding Group Limited inked strategic cooperation agreements with 15 partner banks on June 21. Aimed at promoting new quality productive forces through diversified finance, these agreements featured a total credit line exceeding 170 billion yuan, reported Shanghai Securities News.

June24,2024

The National Administration of Financial Regulation (NAFR), the Chinese financial regulator, released on March 22 its opinion-inviting rules on data security of banks and insurance institutions, reported Xinhua Finance recently.

March27,2024

China's major state-owned commercial banks further lowered nominal deposit interest rates on Friday to enhance the sustainability of serving the real economy and ensure stability in promoting high-quality development.

December22,2023

The overall operations of China's small and medium-sized banks are stable and their risks are generally controllable, an official said Thursday.

July22,2022

China Foreign Exchange Market Self-Regulatory Framework (SRF) has formally released the 2021 version of code of conduct for banks' cross-border Renminbi (RMB) business on Tuesday, reported Xinhua-run Xinhua Finance citing news posted on SRF's official WeChat account Thursday.

June17,2021

Chinese commercial banks' bad loan ratio dropped slightly at the end of the fourth quarter in 2020, data from the banking regulator showed on Tuesday.

February10,2021

Chinese banks will be financing 320 national cultural and tourism projects to promote high-quality development of the relevant industries.

January13,2021

Chinese banks are seeking to issue co-branded credit cards in partnership with large-scale internet platforms, trying to fuel new growth amid already-saturated traditional credit card market, reported Securities Journal on Wednesday.

November12,2020

Some Chinese banks have phased out the use of the "counter-cyclical" factor in the pricing mechanism of the yuan's central parity rate against the greenback, according to an online statement of the country's forex regulator.

October28,2020

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

The aggregate balance in Hong Kong's banking systems hit a nearly three-year high with a strong local currency and a continuous capital influx, reassuring investors about the stability of the global financial center.

August26,2020

China's small- and medium-sized banks remained enthusiastic about financing via initial public offerings (IPO) this year despite that approval of their IPO applications slowed down due to regulatory concerns over their asset quality and risk shielding, reported Economic Information Daily Wednesday.

July15,2020

China will allow special local government bonds to appropriately support small and medium-sized banks in replenishing capital, in the latest move to strengthen financial support for enterprises.

July03,2020

China's ten banks including the Bank of China will provide 160 billion yuan of special credit support for enterprises in Shanghai's Pudong New Area, in a bid to help enterprises go through financial difficulties, according to an agreement signed between representatives from banks and enterprises.

June18,2020

China's one-year LPR, a market-based benchmark lending rate, came in at 4.05 percent Friday, unchanged from the previous monthly adjustment, as the country's flexible and prudent monetary policy creates enough leeway for lenders to better support an economy hit by the novel coronavirus outbreak.

March20,2020

China Financial Futures Exchange (CFFEX) will implement its rules for commercial banks to trade T-bond futures from March 9, reported Xinhua Finance, a financial news platform run by Xinhua News Agency.

March03,2020

The banks in China have adopted measures such as increasing credit support, imposing preferential interest rates, and offering special online financial services to help enterprises resume production amid the fight against the novel coronavirus pneumonia, reported Xinhua Finance.

February25,2020

Qualified pilot commercial banks and insurance institutions capable of investment management in China were permitted to participate in trading T-bond futures listed on China Financial Futures Exchange (CFFEX), reported Xinhua Finance, an economic information platform run by Xinhua News Agency.

February24,2020

A growing number of banks are assisting companies that are part of the battle against the novel coronavirus outbreak in raising money at low cost through issuance of corporate bonds and medium-term notes.

February20,2020

China's banks had provided over 349 billion yuan (about 50.06 billion U.S. dollars) of credit support as of Tuesday noon to help companies restore production amid the fight against the novel coronavirus outbreak.

February13,2020