The People's Bank of China (PBOC), in collaboration with the National Financial Regulatory Administration, has released a list of 20 systemically important banks as part of its...
Three central banks have joined the beta phase of bank messaging platform SWIFT’s central bank digital currency (CBDC) interoperability project, the company announced Sept....
While China’s central bank digital currency (CBDC), the digital yaun, goes through technological and business model upgrades, wallet providers should facilitate payment...
By Winni Zhou and Tom Westbrook SHANGHAI/SINGAPORE (Reuters) -China's banks will cut deposit rates soon as part of efforts to make mortgages more affordable and revive property...
BEIJING (Reuters) - Chinese commercial banks need to maintain a proper level of profit and net interest margins to ensure sustainability in supporting the real economy, China's...
The Bank of China (BOC) has established its first branch in Riyadh, Saudi Arabia, as part of a broader strategy to expand the use of yuan and deepen economic ties between China and...