Banking Financial Institutions

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Small loan company to be positive for two years

Every reporter Wang Chunxia intern Zhang from Beijing Microfinance Company is finally expected to obtain the long-awaited banking licence.  Yesterday, the CBRC issued the "Small loan company restructuring the establishment of village and township banks Interim provisions" (hereinafter referred to as "interim provisions"), clearly meet certain conditions of micro-loan companies can be restructured into village banks. "Interim provisions" proposed that the proposed restructuring of microfinance companies must meet the "new establishment after 3 years of business and more" this condition. The so-called "new establishment" means that last May, the People's Bank and the CBRC jointly issued the "micro-loan company pilot Guidance" ...

CBRC: Timely inspection of the implementation of new regulations on loan governance

Xinhua Beijing, December 16 (reporter Liu Shiping, Wu Yu) China Banking Regulatory Commission, a director of bank supervision Yang Jiacai said recently, the bank supervision part will be timely on "Fixed assets loan management interim measures" and "project financing business Guideline" and other loan business governance new regulations to implement law enforcement inspection, investigate and punish irregularities. Yang Jiacai, a recent Bank of China Banking Association held in the front of the topic of the forum, said that only all banking institutions to act together to promote the new regulation of loan governance "a guideline for the three measures" successfully implemented to protect the common interests of the banking industry. "Three approaches a guideline" helps ...

Forestry industry: A comment on financial development supporting forestry guidance

May 26 afternoon the central bank website announced the People's Bank of China, the guidance opinions of the Ministry of Finance, the CBRC, the CIRC and the Forestry Bureau on the reform of collective forest rights system and the development of financial services in forestry, including six parts: first, fully understand the important significance of the reform of collective forest right system and the development of financial service in forestry Second, effectively increase the effective credit investment for forestry development; Thirdly, to guide diversified funds to support the reform of collective forest rights system and forestry development; Four, actively explore the establishment of forest insurance system; Five, strengthen the information sharing mechanism and internal control mechanism construction;

Bank capital adequacy ratio should remain above 11% per year

Xinhua Beijing, March 2, the latest issue of "Qiu Shi" magazine published China Banking Regulatory Commission chairman Liu, Liu said the annual capital adequacy ratio of large banks should be maintained in more than 11%, small and medium-sized banks should be maintained in more than 10%.  The article extracts as follows: the implementation of moderately loose monetary policy, strict control of loan risk Reporter: Central economic work Conference proposed to continue to implement moderately loose monetary policy, in the complex domestic and foreign economic environment, how should we grasp the "moderation" of credit policy? Liu: It is difficult to borrow money in the "moderate", not enough, too ...

Guangdong to prepare four villages and towns bank Panyu, Heyuan shortlisted

Guangdong Banking Regulatory Bureau has reported the planning scheme, only to be approved after the start of the type of preparation: economic news Author: Locke off original Browse Volume: 0 Version: GC07 Edition: Daily Wealth Bank manuscripts: The Southern Metropolis Newspaper Summary: Our correspondent recently learned that, following the establishment of two village banks last year, Guangdong province this year to set up a new four village and township banks. Guangdong Provincial Banking and Regulatory Bureau has reported the relevant planning to the CBRC, but so far has not been approved. Guangdong's two village and township banks, which were built last year, have started their business successfully this year. CFP for our correspondent recently ...

The CBRC has issued four new regulations on loan management

Personal loan must face sign interview the CBRC recently issued the interim measures for the management of working capital loans and the interim measures for the administration of personal loans, which began to be implemented from the date of release. These two methods and the previous "Fixed assets loan management interim measures" and "project financing business Guideline" and called "three methods a guideline", together constitute our country bank loan management new regulation, preliminarily constructs and consummates our country banking financial institution's loan business regulation frame,  And it will be the long-term system arrangement of banking loan risk supervision in China. According to the director of the CBRC, "three ways ...

Too high a micro-loan company in a policy dilemma

June 18, the CBRC issued a small loan company restructuring the establishment of village and township Banks interim provisions, for microfinance companies (referred to as "small loan Company") restructured village Bank opened a policy channel.  However, the new deal has not been able to "cheer", towering barriers to the domestic nearly 600 small loan companies, and the face of financial pressure and the competition of state-owned banks, many small lenders into a dilemma. The National small loan Company since the second half of last year, began to carry out microfinance company pilot work, for the operation of a good, reputable microfinance companies through the application for approval can be converted into village silver ...

The cloud computing industry is bursting with financial institutions harvesting the fruits

The global spending on cloud computing services will grow 3 times times over the next 5 years, up from 6 times times the growth rate of the traditional IT industry, according to IDC's latest report. As a "rising Star" in the cloud computing world, China will undoubtedly be one of the fastest growing markets. According to Chingko Research Center, China's cloud computing services market is growing at an average annual rate of 50%, is expected to "Twelve-Five" at the end of the Chinese cloud computing services market will reach 13.669 billion U.S. dollars. This year, the Ministry of Industry and Information technology for cloud computing "Thirteen-Five" plan has been launched, will focus on nurturing leading enterprises ...

Total assets of banking institutions at the end of March 84 trillion

BEIJING, April 20 (Xinhua) The total amount of foreign currency assets in China's banking institutions reached 84.3 trillion yuan by the end of March, up 21.3% from a year earlier, according to data released by the CBRC on 20th, Bai Jiechun, Liu Shiping.  Look at the types of institutions, state-owned commercial banks total assets of 42.9 trillion yuan, an increase of 17.5%, the total assets of joint-stock commercial banks 12.6 trillion yuan, an increase of 28.5%, urban commercial banks total assets of 6 trillion yuan, an increase of 33.5%. Statistics show that at the end of March banking financial institutions in the territory ...

The total assets of China banking institutions at the end of March amounted to 84 trillion yuan

Xinhua Beijing, April 20 (reporter Bai Jiechun Liu Shiping) China's Banking Regulatory Commission 20th released data shows that as at the end of March, China's financial institutions in the domestic foreign currency assets amounted to 84.3 trillion yuan, a year-on-year increase of 21.3%.  Look at the types of institutions, state-owned commercial banks total assets of 42.9 trillion yuan, an increase of 17.5%, the total assets of joint-stock commercial banks 12.6 trillion yuan, an increase of 28.5%, urban commercial banks total assets of 6 trillion yuan, an increase of 33.5%. Statistics show that at the end of March banking financial institutions in the territory ...

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