, China

China Exim Bank to receive Central Huijin funding

Central Huijin plans to inject $7.32bln to the lender and China Export & Credit Insurance Corp.

Citing unnamed sources, the China Business News reported that China Investment Corp, parent of Central Huijin, is scheduled to hold meetings to discuss the issue.

The newspaper also denied an earlier report that Central Huijin might raise its stakes in three state-owned lenders, according to a report in China Knowledge.

The China Daily on Wednesday had reported that Central Huijin might inject a combined RMB 50 billion into Industrial and Commercial Bank of China, Bank of China and China Construction Bank.

Join Asian Banking & Finance community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you design and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Top News

Hang Seng Bank launches Prestige Club
Members get privileges and discounts in Hainan Airlines, China Mobile, amongst others.
Wealth Management
GoTyme surpasses 10 million users with retail ATM strategy
Customers can deposit and withdraw cash in 2,500 Robinsons retail stores in the Philippines.
Retail Banking
Hang Seng Bank joins Alipay+ network
Customers can make QR payments at over 100 million merchants through one mobile app.
HSBC pilots digital structured product issuance in Hong Kong
Pilot transaction tests faster issuance, settlement, and servicing for institutional investors.