Rising Real Estate Project Financing Insolvency Crisis: Calls for Structural Improvements and Risk Sharing
▲ Lee Bok-hyeon, head of the Financial Supervision Service, speaks at the Financial and Construction Industry Meeting for Real Estate PF Normalization held at the Housing Construction Center in Yeongdeungpo-gu, Seoul on the 21st. [비즈니스포스트] The real estate project financing (PF) insolvency crisis in the construction industry and the financial sector appears to be intensifying. […]
Financial Industries Reach Record Profits of 700 Billion Yuan, But Chairman Warns of Potential Risks Ahead
The three financial industries made a huge profit of 700 billion last year, however, Huang Tianmu (centre), chairman of the Financial Supervisory Commission, reminded that increasing profits do not mean a period of peace, and big changes can only happen overnight. (Photo by reporter Wang Menglun) [Adroddiad yr Gohebydd Wang Menglun/Taipei]The Financial Supervisory Commission held […]
Central Bank: Inclusive small and micro loan support tools have built-in incentive mechanisms to fully mobilize the enthusiasm of financial institutions
Summary [Central Bank: Inclusive small and micro loan support tools have built-in incentive mechanisms to fully mobilize the enthusiasm of financial institutions]The relevant person in charge of the People’s Bank of China answered reporters’ questions about the continuous conversion of the two direct tools and said that the inclusive small and micro loan support tools […]
Central Bank Zou Lan: Some financial institutions have misunderstandings about the “third-tier and fourth-tier” financing management rules
Chinese peopleBankZou Lan, Director of the Department of Financial Markets, stated at a press conference on financial statistics for the third quarter of 2021 on October 15 that the amount of personal housing loans in the first three quarters of this year remained stable, basically matching the amount of commercial housing sales during the same […]
Central inspection team stationed in financial institutions such as the China Securities Regulatory Commission and many tire companies issued price increases notices
economic news Central inspection team stationed in 25 financial institutions including the China Securities Regulatory Commission According to CCTV reports, with the approval of the Party Central Committee, the eighth round of inspections by the 19th Central Committee willBank、Bank of ChinainsuranceParty organizations of 25 financial institutions including the Supervision and Administration Commission and the China […]
