Bank Of China

Wen/People's Bank of China Credit Center postdoctoral Liu Nao Hai, Turbo Financial Group co-founder, chief risk officer Gu Lingyun, China Unicom Network Technology Research Institute, senior engineer Ding as an innovative technology finance company, ZestFinance since its inception, Due to its unique business philosophy, the investment community and the Internet financial sector have been the focus of attention. In 2013, the global third-party payment platform PayPal co-founder, the United States well-known investors Thiel (Peter Th ...)

Xinhua Guilin, December 8 (Xinhua Yiu Junfang, Wang) deputy governor of the People's Bank of China 8th, said in Guilin, Guangxi, China's economy has begun to stabilise, showing a very clear V-shaped rebound posture.　　Zhu was speaking at the 11th plenary session of the Eurasian Anti-money laundering and counter-terrorism financing organization. He pointed out that in order to deal with the financial crisis, the Chinese government has adopted a positive fiscal policy and moderately loose monetary policy, and achieved good results. From the current situation, China's economic growth this year can be achieved and more than 8%, the Chinese economy has begun to stabilise, V-shaped rebound Ming ...

The People's Bank of China May 2 issued a notice, starting from May 10, 2010, the increase in deposit-type financial institutions RMB deposit reserve ratio of 0.5%, rural credit cooperatives, village and township banks do not raise. This is the third time this year the central bank raised the reserve requirement ratio, after adjustment, large and medium-sized commercial banks deposit reserve ratio reached a high of 17%.　　Earlier, the central bank on January 12 and February 12, announced the increase in the deposit reserve ratio of 0.5%. Since 2008 the reserve ratio after the adjustment of the stock market performance times after the adjustment before the extent of the adjusted after the publication of Prev ...

The latest issue of the "Bank of China" report, published yesterday, reviewed the current economic situation in Hong Kong, lowering the forecast for our annual economic growth rate from 2% to 4% and predicting that the unemployment rate would rise to over 6% during the year, but not seriously. 　　The report pointed out that Hong Kong's economic downturn was mainly affected by the economic crisis in the developed economies and the sharp contraction in consumer demand, but fortunately the performance of the tourism and retail sectors was relatively stable, while government consumption recorded an increase and some support for the economy as a whole. Hot money inflows to improve investment climate report said that the first quarter of Hong Kong's economic growth in the main impetus of almost all ...

July 8, 2009, Hong Kong stocks were dragged down by a slump in U.S. stocks, the Hang Seng index, after opening more than 200 points, continued downward, at a time falling through 50-day lines 17,574; the afternoon was boosted by a a-share dip, with the index narrowing, closing at 17,721 points, a decrease of 0.79% and a slight increase in the market to HK $57 billion. On the US side, stocks rallied overnight after a surge in demand for new Treasury bonds, which rose 0.18% and 0.06% respectively, while the S & P 500 index fell slightly by 0.17%. ADR did not follow the U.S. stocks higher, on the contrary, the whole slide, heavy ...

On the afternoon of November 7, the Bank of Communications Finance Research Center 7th in Beijing issued the "2009-2010 Bank of China Development newspaper," the report predicts 2009 commercial banks can achieve more than 5% of the profit growth, next year is expected to reach 20%.　　For monetary policy, the bank's research team believes that the current spreads are appropriate, there is no need to raise interest rates, monetary policy should remain forward-looking, to fine-tune the main. Compared with a 2009-year loan growth rate of more than 30% per cent, the report concluded that commercial bank lending grew by 89 trillion in the late 2010, about 20%.

Following the successful launch of the pilot in Shanghai yesterday, the Guangdong province will launch the renminbi trade settlement pilot today.　　Reporters to confirm that the list of the first batch of pilot clearing banks in Guangdong province, including ICBC Guangdong Branch, Bank of China Guangdong Branch, CCB Guangdong Branch, Agricultural Bank of Guangdong Branch, Bank of Communications Guangdong Branch and CITIC Bank Guangzhou branch, including six banks.　　The reporter was informed that the Guangdong provincial pilot launching ceremony held today, in addition to the senior officials of the Guangdong provincial government, senior central bank officials will attend. A number of banks are reserves of the first single business reporter learned that ...

This has to do with the state's attitude towards third party payments this year. In March, the central bank issued the "People's Bank of China on the risk of credit card" bulletin, that the eight mainstream payment companies to the merchant audit is not strict, the request of the world, yeepay payments, such as third-party payment agencies nationwide within the line to receive a single business stop access to new businesses. Third-party payment agencies have to find new business growth points, to upgrade, such as in the original payment on the basis of overlapping marketing, financial and other value-added services. As a potential business growth point, cross-border renminbi payments have been closely watched by Third-party pay agencies. ...

May 29, 2009, in the peripheral stock market rebound and hot money gradually into the Hong Kong stock market, spurred by the Hang Seng index in the opening of the 18,000 points, followed by repeated shocks; In the afternoon, with the strong lifting of the Chinese Bank of China, the HSI regained its rally and succeeded in standing at 18,171.　　The rise was 1.6%, and turnover remained at 90 billion yuan. Friday U.S. stocks in commodity stocks and financial stocks, led by the three major indexes rose more than 1%.　　ADR generally made good, HSBC Holdings in the Hong Kong dollar has exceeded 70 yuan, is expected to lead Monday Hong Kong higher. China...

On the morning of December 8, China has asked to keep bank lending growth at around 17% per cent in 2010, according to an unnamed executive from Bank of China Limited, quoted in the Chinese daily in Tuesday.　　According to the report, the bank executive said the credit boom this year could not be repeated next year.　　The report did not disclose the names of the regulators who issued the above directives, nor did it disclose whether the 17% per cent loan growth target was binding. At the end of October, Chinese financial institutions ' renminbi loan balances rose 34.19% from a year earlier.

According to reporters understand that the first half of the listed banks have exceeded the year to complete the annual credit plan.　　Industry insiders believe that, in the context of the surge in credit lending, bank performance will be strong support. By the end of May, there are 9 major commercial banks with comparable data accumulated new loan volume of 3.65 trillion yuan, for the whole year planned credit target 2.76 trillion yuan 1.3 times times, indicating the first half of commercial bank lending impulse is very strong. Specifically, the state-owned large commercial banks data show that, as of May 31, ICBC, Agricultural Bank, Bank of China 、...

People's Daily Beijing, April 18 (reporter He Xia) April 17, the People's Bank of China Governor Zhou Xiaochuan, after attending the Boao Forum for Asia in 2011, in the People's Bank of China Haikou Central branch on rural finance reform issues.　　Zhou Xiaochuan said that the "Twelve-Five" period, China's rural financial reform will continue to promote. Zhou Xiaochuan proposed that the people's banking system should earnestly carry out the "Twelve-Five" plan to deepen the requirements of rural financial reform, further guide rural credit cooperatives to do real capital and improve capital quality, strengthen management ability, perfect corporate governance ...

February 3 Evening News, according to foreign media reports, a source said that China's four major state-owned commercial banks in January, the final total new loans amounted to about 480 billion yuan.　　Banks including Bank of China and Bank of communications, as well as several small and medium-sized banks, have been lending too fiercely for the first two weeks. Reports said, the source said the construction Bank January new RMB loan 102 billion yuan, the agricultural bank added about 115 billion yuan, the bank of China added about 150 billion yuan.　　ICBC has since exposure to the January new renminbi loans of about 110 billion yuan. "According to the annual growth of 17%, 1 ...

For the time being, consumer finance companies only make loans for small purchases such as household appliances.　　CFP Consumer Finance, the bank's Bank of China, which is due to open in July this year, is expected to open at the latest this July.　　Yesterday morning, the CBRC announced on its website, has approved the Beijing Bank (601169), the Bank of China (601988), Chengdu Bank as the main contributor, respectively, in Beijing, Shanghai, Chengdu three to prepare consumer finance company. According to the three commercial banks submitted to the preparation of the application, the Bank of Beijing to establish a wholly-owned north bank in Beijing ...

2013 Teradata Big Data Summit was held in Beijing International Hotel recently. Industrial and Commercial Bank of China, deputy general manager of the Ministry of Information Technology, made a speech at the meeting, introduced how ICBC is using data and information to enhance the level of management and business value. ICBC has now become China's largest commercial bank. According to Zhang, ICBC in Beijing and Shanghai have built data centers, the current branches and affiliated institutions are fully to the direction of electronic development. From the statistical data, the first half of 2012, ICBC mobile phone Bank new customers to increase customer turnover rate to 18%, the turnover of 300% year-on-year growth.

Reporter Zhang Wenji a few days ago, the Shenzhen region three banks have raised service charges, set off a wave of price hikes, combined with the ICBC announced a number of personal business charges, as well as a few banks in Shanghai has quietly raised some of the business charges, the banking fee increases again become a focus on the price increase of more than 100% Construction Bank, Bank of China, Merchants Bank branch in Shenzhen recently have said that will add new and adjust the price of some services, of which, the cost of bank withdrawals from the original 2 yuan per sum to 4 yuan, doubled a double. This increase in the price measures immediately attracted ...

The latest figures from the People's Bank of China show that in June the Chinese financial institutions added RMB 1.53 trillion yuan loan, which is the first time in the two quarter of new loans more than trillion yuan, but also the first half of this year, the new renminbi loans close to 7.4 trillion yuan, far more than the initial set in the year of 5 trillion Industry insiders believe that the June credit to create more days, in addition to commercial banks inherent in the quarter of the season of lending impulse factors, the early period of the adjustment of some industries fixed assets investment capital Ratio, is also an important reason. High-speed credit to promote economic growth, encouraging market confidence, but ...

The Bank of China, Macao, 24th began selling to retail customers a total of 1 billion yuan deposit card, this is the Macao financial institutions launched the first renminbi deposit card business.　　According to the introduction, the first phase of the bank will issue 500 million yuan deposit certificates, the year is two years and three years respectively, the annual interest rate is 2.38% and 2.58%, the minimum admission fee is 200,000 yuan. The bank noted that the introduction of a renminbi deposit card in Macau was designed to provide a broader range of renminbi asset allocation options for retail customers to enrich the portfolio of Macao's renminbi deposit products.

BEIJING, January 7 (Xinhua) Today, the CBRC has officially approved the Beijing Bank (in Beijing), the Bank of China (in Shanghai), the Bank of Chengdu (in Chengdu) as the main contributor to the establishment of consumer finance companies.　　The move is seen as an important step in boosting domestic demand and boosting consumption. A consumer finance company is a Non-bank financial institution that does not absorb public deposits and, in the principle of small and dispersed, provides loans to individuals in China for consumption purposes. Consumer financial services in the mature market and emerging markets have been widely used, are welcomed by different consumer groups, with a single letter credit line small ...

Xinhua Beijing, March 23 (reporter Wu Yu Su Sheyan) "Internet +" was written into this year's government work report. 23rd, Industrial and Commercial Bank of China launched the Internet financial brand "E-ICBC" and a number of major products. According to the introduction, ICBC This release of the "E-ICBC" Internet financial brands mainly include "Rong E purchase" electric business platform, "e-Joint" instant messaging platform and "Rong E line" direct banking platform three platforms, payment, financing and investment in the three major product line of "ICBC e payment" "Yi Loan" "Net credit" "Silver e Investment" " ICBC e Payment "and a series of mutual ...