Tuesday , September 29 2020
Home / South China Morning Post / China’s banks must innovate to help small businesses weather ‘complex and severe’ economic environment

China’s banks must innovate to help small businesses weather ‘complex and severe’ economic environment

Summary:
[unable to retrieve full-text content]People’s Bank of China governor Yi Gang has urged banks to support smaller companies through innovations in financial services and products to help nurse them through the “complex and severe” economic situation facing the country.Yi told a seminar in the eastern city of Hefei on Friday that banks should adapt financial services and products, increase investment in fintech research and technology and integrate on-site and online financial services, according to a statement posted on the central…

Topics:
Bloomberg considers the following as important:

This could be interesting, too:

Jeffrey P. Snider writes Before Hume, Before Carnegie

Joseph Y. Calhoun III writes Monthly Macro Monitor – September 2020

Calculated Risk writes September 28 COVID-19 Test Results

Barry Ritholtz writes Trump’s Tax Situation: Legal, Financial & Political Ramifications

[unable to retrieve full-text content]
People’s Bank of China governor Yi Gang has urged banks to support smaller companies through innovations in financial services and products to help nurse them through the “complex and severe” economic situation facing the country.Yi told a seminar in the eastern city of Hefei on Friday that banks should adapt financial services and products, increase investment in fintech research and technology and integrate on-site and online financial services, according to a statement posted on the central…

Leave a Reply

Your email address will not be published. Required fields are marked *