China’s central bank announced over the weekend it plans to use several tools to keep liquidity in the market and that it will provide liquidity support to small and medium-sized banks. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
China’s Central Bank said over the weekend that there won’t be any more takeover of banks after the government’s intervention with Baoshang Bank, an Inner Mongolia-based bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Baoshang Bank, based in Inner Mongolia, will be taken over by China’s banking and insurance regulator over critical credit risks, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
November 17, 2019
Following years of brisk expansion, China’s smaller financial institutions are seeing hard times as customers turn to larger banks and the local economy slows, the Wall Street Journal (WSJ) reported on Sunday (Nov. 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — […]
June 10, 2019
China’s central bank announced over the weekend it plans to use several tools to keep liquidity in the market and that it will provide liquidity support to small and medium-sized...
June 02, 2019
China’s Central Bank said over the weekend that there won’t be any more takeover of banks after the government’s intervention with Baoshang Bank, an Inner Mongolia-based bank. Get the Full...
May 24, 2019
Baoshang Bank, based in Inner Mongolia, will be taken over by China’s banking and insurance regulator over critical credit risks, according to a report by Reuters. Get the Full Story...
