In their own presentation, the chairman of the Legal Advisers in the Banking Industry; representatives of the Body of Banks’ CEOs, Chartered Institute of Bankers in Nigeria; and Head, Legal Services, Union Bank Plc, Sesan Sobowale said it may not be easy for bank staff to identi...
as the big five banks and China Life made a rare move by simultaneously announcing support for economic growth yesterday after President Xi Jinping's pledge on growth, with more new loans flowing to infrastructure, manufacturing, green financing and other key economic drivers. ...
The second policy measure, whose expiration date was extended, encourages commercial banks to provide accompanying capital for special loans for projects. Specifically, such loans from commercial banks made before December 31, 2024 will not be downgraded, the officials said. Both are part of the 16...
The second policy measure, whose expiration date was extended, encourages commercial banks to provide accompanying capital for special loans for projects. Specifically, such loans from commercial banks made before December 31, 2024 will not be downgraded, the officials said. Both are part of the 16...
Chinese banks extended 2.47 trillion yuan ($344.58 billion) in new yuan loans in September, nearly doubled from 1.25 trillion yuan in August and far exceeded 1.66 trillion yuan a year earlier, data released by the People's Bank of China (PBOC) showed on Tuesday. ...
Total Social Financing (TSF) is a liquidity measurement tool used in China since 2011, comprising yuan loans from banks, foreign currency loans, trust loans, bank acceptance bills, corporate bonds and equity sales of the non-financial institutions. It has become prominent in recent times as a ...
Chinese banks extended 2.47 trillion yuan ($344.58 billion) in new yuan loans in September, nearly doubled from 1.25 trillion yuan in August and far exceeded 1.66 trillion yuan a year earlier, data released by the People's Bank of China (PBOC) showed on Tuesday. ...
These codes are maintained and issued by Society for Worldwide International Financial Telecommunication (SWIFT) to major banks and financial institutions across the world which enable these banks to wire transfer money using a unique identification code (SWIFT) without the need to specify a branch ...
The HKMA will find a “suitable use case” for the proposed digital Hong Kong dollar, with pilot projects set to be launched soon to make it convenient for the public to adopt the virtual currency, media reported Thursday. The HKMA will launch a series of pilot schemes with banks and techn...
The second policy measure, whose expiration date was extended, encourages commercial banks to provide accompanying capital for special loans for projects. Specifically, such loans from commercial banks made before December 31, 2024 will not be downgraded, the officials said. ...