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China to set up 300-bln-yuan relending facility for government-subsidized housing - China Property News
Property

China to set up 300-bln-yuan relending facility for government-subsidized housing

Local state owned enterprises are encouraged to use the funds to buy reasonably priced commercial homes that have completed construction Tao Ling an official with the Peoples Bank of China...
China abolishes mortgage floor rates, cuts minimum down payment ratios to boost property market - China Property News
Property

China abolishes mortgage floor rates, cuts minimum down payment ratios to boost property market

The Peoples Bank of China and the National Financial Regulatory Administration announced that the minimum down payment ratios for individuals commercial housing mortgages will be lowered...
China to cut individual housing provident fund loan rates by 0.25 percentage points - China Property News
Property

China to cut individual housing provident fund loan rates by 0.25 percentage points

35 percent while the over five year rate will be slashed to 2.85 percent the Peoples Bank of China said on its website.
Former Agricultural Bank of China vice president under probe - China Nation News
Nation

Former Agricultural Bank of China vice president under probe

Lou Wenlong a former vice president of the Agricultural Bank of China is under investigation for suspected severe violations of Party discipline and the law an official statement...
China's procuratorate orders arrest of former ICBC vice president - China Nation News
Nation

China's procuratorate orders arrest of former ICBC vice president

Zhejiang Provincial People's Procuratorate has ordered the arrest of Zhang Hongli, former vice president of the Industrial and Commercial Bank of China (ICBC), for alleged bribery.
China's credit structure improved in Q1 - China Economy News
Economy

China's credit structure improved in Q1

The figure represents a 9.2 percent year on year rise according to a report from the Peoples Bank of China.
Former ICBC vice president expelled from CPC - China Nation News
Nation

Former ICBC vice president expelled from CPC

Zhang Hongli former vice president of the Industrial and Commercial Bank of China ICBC has been expelled from the Communist Party of China CPC over serious violations of Party...
Financial services geared toward tech players - China Economy News
Economy

Financial services geared toward tech players

Industrial and Commercial Bank of China Shanghai Branch Vice Chairman Xu Yanfeng also plans dedicated measures with three sub centers for technology financial service already set up...
China details regulations on non-bank payment institutions - China Finance News
Finance

China details regulations on non-bank payment institutions

The People's Bank of China on Monday began to solicit public opinion on the detailed rules regulating the non-bank payment institutions.
Former Chinese bank official stands trial for bribery - China Nation News
Nation

Former Chinese bank official stands trial for bribery

Fan Yifei a former vice governor of the Peoples Bank of China was tried on Thursday at a court in Huanggang central Chinas Hubei Province on charges of taking bribes worth over...
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