Ping An Insurance continues to "shop" for state-owned banks: investing 0.13 billion HKD to Buy Agricultural Bank Of China's Listed in Hong Kong shares, with a shareholding ratio of 5.05%.

① On January 7, Ping An Insurance Buy 31,678,000 shares of Agricultural Bank Of China Listed in Hong Kong, increasing its shareholding ratio from 4.95% to 5.05%; ② Ping An Asset Management previously disclosed that on January 3, after buying Agricultural Bank Of China Listed in Hong Kong, its shareholding ratio reached 5.03%; ③ Since last year, Ping An Insurance has been continuously 'sweeping up' H shares of major state-owned banks such as ICBC, CCB, PSBC, and Agricultural Bank Of China.

cls.cnJan 11 01:21 ET

In 2037, veteran Lin Jingzhen stepped down, and the personnel adjustments at the Bank of China continue.

At the beginning of 2025, Bank Of China (601988.SH) welcomed another personnel adjustment. On January 7, Bank Of China announced that Vice President Lin Jingzhen has...

wallstreetcnJan 8 03:39 ET

After being vacant for more than two years, Zheng Guoyu was elected as the new Chairman of the Postal Savings Bank Of China, previously serving in the Bank Of China and Industrial And Commercial Bank Of China.

① This afternoon, the Postal Savings Bank Of China announced that, following a resolution by the Board of Directors, Zheng Guoyu has been elected as the Chairman of the Postal Savings Bank Of China, and his qualification is subject to approval by the National Financial Regulatory Administration before taking effect; ② Zheng Guoyu currently serves as a director, general manager, and chief compliance officer of China Post Group Co., Ltd. He has previously held the position of vice president at both the Bank Of China and the Industrial And Commercial Bank Of China.

cls.cnJan 2 05:16 ET

In a rare move, a state-owned bank has lowered the minimum repayment ratio for China Construction Bank Corporation credit cards to 5%, while most banks in the market still maintain a 10% rate.

① Today, China Construction Bank Corporation announced on its official website that starting today, the minimum repayment ratio for all Long Card Transformers credit cards has been adjusted from 10% to 5%. ② Not long ago, Bank Of Xi'An made a similar adjustment, but currently, the minimum repayment amount for most commercial banks' credit cards is still 10%. ③ In recent years, especially this year, credit card business personnel have faced considerable pressure. It is reasonable for banks to make adjustments in their credit card business.

cls.cnDec 25, 2024 04:46 ET

Agricultural Bank Of China is following up on the exchange rate for personal foreign currency cash remittances, and recently several large state-owned banks have optimized and upgraded related services.

① On December 13, Agricultural Bank Of China announced on its official website that starting from December 13, 2024, it will optimize and upgrade personal foreign currency cash remittance services. ② In addition to Agricultural Bank Of China, several other banks have recently released similar announcements stating they will upgrade foreign currency cash services for personal Forex Accounts. ③ Although the cash remittance parity may somewhat affect the income of banks, it can significantly reduce the cost for individuals to conduct Forex Business.

cls.cnDec 13, 2024 01:54 ET

State-owned large banks are following up again, and the Postal Savings Bank Of China has disclosed the list of external collection agencies for personal consumer loans. The bank's collection business is becoming increasingly standardized.

① The Postal Savings Bank Of China, Bank of Communications, and several other banks have recently continued to announce the list of external collection Institutions they collaborate with, which is related to the requirements of regulatory authorities. ② As the relevant collection work becomes increasingly standardized, the likelihood of previously common violations will significantly decrease. ③ In addition to the disclosure of the external collection list for consumer loans by Bank of Communications and the Postal Savings Bank Of China, some other banks have also recently disclosed the list of credit card collection Institutions on their official websites.

cls.cnDec 11, 2024 06:09 ET