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 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 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 06:09 ET

For three consecutive days, 21 non-performing loan transfer projects were disclosed, accelerating the disposal of non-performing assets by China Construction Bank Corporation. The pressure on the quality of retail assets in the industry has become a trend

①Recently, china construction bank corporation has accelerated the disposal of non-performing assets, releasing 21 related project transfer information in three consecutive days, involving a total outstanding principal and interest of approximately 1.61 billion yuan. ②The industry generally believes that factors such as the economy's slower-than-expected recovery have led to a market-wide trend of general pressure on the quality of retail assets in banks.

cls.cnNov 22 07:14 ET

Conservative customers are "prohibited"! The china construction bank corporation updates the public deposit gold agreement and warns of "potential losses," following a previous risk notice from the Shanghai Gold Exchange.

On November 18, China Construction Bank Corporation updated the agreement related to public gold accumulation business. the bank reminded that the risk rating of public gold accumulation business is medium risk, conservative clients cannot participate, and warned that the business 'may result in losses.'

cls.cnNov 19 00:27 ET

Why did the revenue and profit decrease in the first three quarters? How will the bank of communications respond to interest rate pressure in the fourth quarter? The earnings conference will address multiple hot topics in the industry.

① Regarding the decline in net profit and operating income in the first three quarters, the Bank of Communications said at a performance briefing today that the main thing is that processing fees, investment valuations, and exchange gains and losses were relatively weak, but it is anticipated that the one-time impact of policy factors on rival renewal revenue will gradually subside next year. ② In the first three quarters, Bank of Communications's net interest yield was 1.28%, down 2 basis points from the previous year.

cls.cnNov 12 06:06 ET