On the other hand, although the six banks’ balance of personal mortgage loans at the end of the period rose from the end of the previous year, the proportions of their personal mortgage loans declined from the end of last year, indicating that the growth rate of personal mortgage issuance ...
On the other hand, although the six banks’ balance of personal mortgage loans at the end of the period rose from the end of the previous year, the proportions of their personal mortgage loans declined from the end of last year, indicating that the growth rate of personal mortgage issuance ...
CBN to unveil new compliance department February - Cardoso In a circular in June 2015, the CBN published a list of imported goods and services that will not be eligible for foreign exchange in the Nigerian foreign currency market. The list which was originally 41 was updated to include two mo...
Four of China's major state banks said on Thursday they will start to lower interest rates on existing mortgages for first-home loans, reducing them to levels in place when a home was purchased. Industrial and Commercial Bank of China Ltd (ICBC), China Construction Bank Corp, Agricultural Ban...
The disposable income of residents in six Chinese cities exceeded 70,000 yuan last year, with Guangzhou in the south, as well as Suzhou and Hangzhou on the eastern coast, joining the list for the first time, according to data released by local governments. Shanghai ranked first among the el...
head of the department of monetary policy at the PBOC, said on July 14. However, most banks in Guangdong Province, including six largest state-owned lenders and a dozen of major joint stock banks in the region have yet to respond to the PBOC’s suggestion of rate adjustments, per media ...
PBOC reports show Chinese consume and invest more in Q1, while firms and banks are more optimistic; BOC Research Institute predicts China’s GDP to hit 7.6% in Q2. Here’s what you need to know about China in the past 24 hours
short-video app Douyin rose one spot to tie with WeChat for the fourth place. Meanwhile, Beijing, Shanghai and Shenzhen remain the top three cities with the most brands on the list, with 70, 52 and 32, respectively, collectively accounting for more than half of the top 300. 贵州茅台五...
Aloan loss reserveis a fund set aside by banks to cover expected losses on loans. The purpose of the loan loss reserve is to protect the bank’s capital and earnings in case of default by borrowers. 贷款损失准备金,即贷款减值准备金,是指预留应付坏账的款项。
Asia's first-ever Saudi Arabia exchange-traded fund (ETF) which also has the largest assets under management among such ETFs in the world will list in Hong Kong this Wednesday. Financial secretary Paul Chan said on Sunday that investors will be able to trade the constituent stocks of the ...