China Banking Research

Jun

The HK Virtual Bank License

The Hong Kong Monetary Authority (HKMA) published revised ‘Guideline on Authorization of Virtual Banks’ on May 30th, 2018, opening the gateway of a new banking type – virtual bank.

Mar

China Banking Research

Baihang Credit finally receives its license, although the future remains bleak

On Feburary 22nd, the Credit Union, also known by its official name “Baihang Credit”, has finally received its business license from the government which is also the first individual credit checking license.

Nov

China Banking Research

Government clampdown spurs micro lending reshuffle in China

Since Chinese online micro lending companies Qudian and Paipai Dai have gone public on the New York Stock Exchange (NYSE), the government has been closely following the development of the micro-credit industry. Scrutiny has fallen not only their business model but also on their high revenue, which specifically caught people’s…

Contact Info

China Banking Research