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Foreign financial institutions beef up investment in China amid greater opening up
Since the start of this year, an increasing number of foreign financial institutions have cast a vote of confidence in China by establishing new securities entities and expanding the scope of their existing businesses in the Chinese market.
November28,2024
Foreign financial institutions upbeat on China's economy
Overseas financial institutions have expressed their confidence in the prospects of China's economy, as the country's high-quality growth efforts are gradually paying off.
July22,2024
【Financial Str. Release】Total assets of financial institutions in China at RMB476.49 trln by end-Q1, PBOC
Financial institutions in China reported assets totaling 476.49 trillion yuan by the end of the first quarter, up 8.5 percent year on year, reported Xinhua Finance citing data released by the People's Bank of China (PBOC) on Thursday.
June21,2024
Foreign institutions heavily engaged in China's financial market: finance official
Foreign financial institutions are heavily engaged in China's financial market and in the country's economic and financial development, said an official.
January26,2024
China's financial institutions see assets increase in Q2
China's financial institutions saw expanded balance sheets by the end of the second quarter (Q2) of 2023, according to official data.
September18,2023
【Financial Str. Release】Assets of financial institutions total RMB413.46 trln by Q3, up 10.1pct y-o-y
Assets of financial institutions in China mounted up to 413.46 trillion yuan by the end of the third quarter in 2022, up 10.1 percent year on year, reported Xinhua Finance citing data from the People’s Bank of China (PBOC) on Tuesday.
December22,2022
China's financial institutions post rising assets
China's financial institutions saw expanded balance sheets by the end of the third quarter this year, official data showed Wednesday.
December16,2021
【Financial Str. Release】China's financial institutions' assets up 9.5 pct in Q1
China's financial institutions saw expanded balance sheets in the first quarter of this year, official data showed.
June15,2021
China imposes 2.28 bln yuan in fines on financial institutions in 2020
China's top banking and insurance regulator filed fines totaling 2.275 billion yuan (about 353.81 million U.S. dollars) on banks and insurance institutions for violating rules and laws in the financial sector in 2020.
May21,2021
China to tighten regulations over local financial institutions
A meeting Thursday urged China's financial regulators to improve regulations of local financial institutions to mitigate risks.
April09,2021
China's financial institutions post higher total assets
The total assets of Chinese financial institutions stood at 353.19 trillion yuan (about 54.26 trillion U.S. dollars) at the end of 2020, up 10.7 percent year on year, central bank data showed.
March22,2021
China's financial institutions save enterprises 1.5 trillion yuan
China's central bank said on Thursday that this year's target that the country's financial institutions save enterprises 1.5 trillion yuan (about 229.9 billion U.S. dollars) was achieved.
January04,2021
Financial institutions criticized for raising financing cost of small businesses
Several Chinese banking, insurance and credit institutions have been criticized for charging excessive fees on loans to small and micro businesses, in violation of regulations aimed at lowering financing cost for the firms.
November23,2020
China's financial institutions see rising assets
Assets of financial institutions in China rose to 340.43 trillion yuan (about 49.77 trillion U.S. dollars) at the end of the second quarter, up 10 percent year on year, the central bank said on Monday.
September15,2020
Thailand to launch website to fully cover relief measures of government financial institutions
Thailand's Finance Minister Uttama Savanayana has appointed the Fiscal Policy Office (FPO) under the Ministry of Finance and the Government Financial Institutions Association to jointly establish the website-- www.เราไม่ทิ้งกัน-ด้านการเงิน.com.
May26,2020
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