Investors were warned about severe losses arising from a potential boom and bust cycle in the sector, by Guo Shuqing, chairman of the China Banking and Insurance Regulatory Commission (CBIRC), on …
FINANCE
China bank loans unexpectedly rise in May, but broader credit growth slows
China’s new bank loans unexpectedly rose in May from the previous month but broader credit growth continued to slow, as the central bank seeks to contain rising debt in the world’s second-largest …
UPDATE 1-China new bank loans unexpectedly rise in May, broad credit growth slows
China’s new bank loans unexpectedly rose in May from the previous month, even as the central bank has sought to contain rising debt in the world’s second-largest economy.
China May new bank loans rise to 1.5 trln yuan, beat expectations
Chinese banks extended 1.5 trillion yuan ($234.76 billion) in new yuan loans in May, up from April and exceeding analysts’ expectations.
China’s top banking regulator warns of bad debt, Ponzi schemes
China’s top banking and insurance regulator Guo Shuqing said banks should actively guard against the rebound in non-performing loans.
China Will Keep Monetary Policy Stable, Central Bank Gov. Says
China will keep its monetary policy stable and implement normal policy as the government thinks inflation is under control and the economy’s performance is reasonable, said the central bank Gov. Yi …
Bank of Beijing
Bank of Beijing Co., Ltd. engages in the provision of commercial bank services. Its business includes corporate banking, retail banking, financial market business, and direct banking business.
China’s top banking regulator warns of bad debt, local real estate bubbles
China’s top banking and insurance regulator said banks should guard against a rise in non-performing assets, as the country rolls back some of the relief measures implemented during the pandemic to …
China’s Central Bank Governor Sees Inflation Below Target
China’s central bank Governor Yi Gang said consumer inflation is expected to stay under 2% this year, below the government’s official target of about 3%.
China gets tough on financial sector risk management, extends contingency planning to more institutions
Contingency planning has been a requirement for China’s biggest financial institutions for a decade now Recovery, contingency planning conducive to shoring up risk awareness and crisis management …
China’s May new yuan loans seen falling as central bank scales back stimulus
New bank loans in China likely fell in May, a Reuters poll showed, as the central bank gradually scales back pandemic-driven stimulus to reduce …
China finance meets the 4th Industrial Revolution
The advent of the Fourth Industrial Revolution has spurred the development and integration of advanced disruptive technologies both within and across societies, with vast implications that extend from …
China central bank issues green finance assessment plan for financial institutions
China’s central bank on Wednesday issued a green finance assessment plan for financial institutions and said the results from such assessments …
