Chinese regulators have seized control of nine financial institutions (FIs) alleging they violated rules and jeopardized the country’s financial system. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
The China Banking and Insurance Regulatory Commission (CBIRC) is issuing fines to banks at a record rate in an effort to combat increasing financial risk. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Chinese officials have reportedly taken measures to monitor and potentially crack down on the nation’s banks’ risky lending practices, reports in Reuters said Wednesday (April 25). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
February 21, 2021
China’s bank regulator is tightening restrictions on internet loans made by commercial banks and looking more into online lenders in general, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. […]
July 17, 2020
Chinese regulators have seized control of nine financial institutions (FIs) alleging they violated rules and jeopardized the country’s financial system. Get the Full Story Complete the form to unlock this...
September 07, 2018
The China Banking and Insurance Regulatory Commission (CBIRC) is issuing fines to banks at a record rate in an effort to combat increasing financial risk. Get the Full Story Complete the...
