Local banking regulators in several regions have asked lenders to relax standards for recognising hard-hit companies’ non-performing loans (NPLs) to help companies amid the coronavirus…
The novel coronavirus outbreak that has put China’s economic recovery at risk may prompt the authority to ease a crackdown on the shadow banking sector.…
China’s banking regulator is considering stricter rules on commercial banks' cash-management products (CMPs) business, part of its efforts to tame financial risks amid an economic…
Resolving financial risk will remain China’s top priority in 2020, said Huang Hong, the vice chairman of China’s Banking and Insurance Regulatory Committee (CBIRC), at…
China's Hengfeng Bank has completed a restructuring and aims to list in five years, part of government efforts to support indebted regional banks, said a…
An asset management company backed by the local government in norther China's Liaoning province is likely to become one of the new strategic investors in…
China’s Huishang Bank will take over four branches of the troubled Baoshang Bank under a government-led restructuring, first reported by Chinese media Caixin and Reuters…
China’s financial regulator said it will implement a series of measures to shore up the country's troubled smaller banks and insurers while continuing a clampdown…
Chinese authority requires lenders to use the loan prime rate (LPR), the new reference rate for banks' lending, as a new benchmark for pricing existing…
China’s banking and insurance regulator is considering allowing insurance companies to invest in perpetual bonds issued by smaller banks, in a move to help banks…
Troubled Hengfeng Bank will raise 100 billion yuan through a private placement to state and foreign investors, part of government efforts to contain financial risk…