Yillion Bank
Yillion Bank is the first approved private bank in northeast China and one of the only four private banks owning an online consuming loan license.
geo/china
Yillion Bank is the first approved private bank in northeast China and one of the only four private banks owning an online consuming loan license.
Leading fintech company dedicated to serving the financial needs of individuals and small businesses.It provides financial technology services spanning small business finance, consumer credit, and wealth management.
Leading online private commercial bank in China with a focus on SME financing and farmers. It is part of Ant Financial Services Group and leverages Ant’s AI, computing and risk management technologies.
HPB Foundation is an innovative blockchain technology research and development company. Based on the underlying blockchain platform, it built a series of finance industry solutions and products.
The report provides a comprehensive review on the development of the so-called Micro and Small Finance (MSF) market in China, meaning credit services to Small and Micro Enterprises (MSEs), unincorporated but registered urban businesses and MSE owners.
Shenzhen Zhongxin CredEx Fintech, also known as Feidai is a loan application software company based in Shenzhen, China.
Aiming to further support the development of the real economy, optimize the liquidity structure and lower financing costs, the People’s Bank of China (PBC) has decided to lower the required reserve ratio for financial institutions by 1 percentage point, 0.5 percentage point of which will be cut on January 15, 2019 and a further 0.5 percentage point on January 25, 2019. In addition, the outstanding MLFs due to mature in the first quarter of this year will not be renewed.
SME Finance Forum member CreditEase Wealth Management received the Best Social Impact Project in Wealth and Society in China award at The Global Wealth and Society Awards 2018.
JD Digits offers online financial services and products including consumer credit and wealth management products. It belongs to JD.com, China’s leading one-stop e-commerce platform.
Washington, D.C., August 28, 2018 – CFPA Microfinance (CFPA MF) became the newest member of the SME Finance Forum, a global membership network that brings together financial institutions, technology companies, and development finance institutions to share knowledge, spur innovation, and promote the growth of SMEs.