All posts tagged "China CITIC Bank"
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1.3KChinaChina: Two More State-Banks Join Digital Yuan Testing
Postal Savings Bank of China and China Citic Bank will join four other state banks in conducting initial tests and creating services for the digital currency.
September 3, 2020 -
693EnforcementSFC Imposes Lifetime Ban on Former China Citic Bank Employee
The former relationship manager is said to have falsely represented to customers that an additional fee was needed to open an account with CITIC - which he then pocketed.
August 27, 2020 -
1.4KChinaPBOC Clearing Arm to Adopt Blockchain for Letters of Credit
The China National Clearing Center has signed an agreement with three major banks to use their blockchain forfaiting platform to enhance its letter of credit system.
August 12, 2020 -
344ChinaCBIRC Moves to Stamp Out Abuse of Cheap Loans
Banks have reportedly been directed to reduce their structured deposits to January levels, as part of CBIRC efforts to stamp out abuse of cheap loans.
June 11, 2020 -
1.3KChina
CBIRC Fines Eight Banks Over Poor Quality of Reported Data
The banks were each fined between 1.6mn and 2.7mn yuan for underreporting information on certain transactions, wealth management products, and credit asset transfers.
May 14, 2020 -
518China
CBIRC Probes China CITIC Bank Over Leaked Personal Data
Last week, a Chinese stand-up comedian accused the bank of disclosing his personal transaction information to his employer without consent.
May 13, 2020 -
685ChinaChina to Introduce New Rules for Online-only Banks – Report
The framework will enable foreign banks in China to set up separate digital banking platforms, while also covering existing online-only banks WeBank, MYbank and AiBank.
January 15, 2020 -
1.3KAsia-PacificCompetitive Dynamics in Banking Intensify Across APAC: S&P Global
Indigenous virtual banks, global digital-only banks, and digitised traditional banks are all vying for market share, says a new report from S&P Global Ratings.
July 18, 2019
