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【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.
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.
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.
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.
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.
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.
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.
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.
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