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Beijing, ChinaPeople's Bank of China is based in Beijing and founded in 1948. People's Bank of China was adopted as the central bank in 1983 and is responsible for monetary policy, financial stability, payment systems, credit information, and other central bank functions. The People's Bank of China operates 9 regional branches in Tianjin, Shenyang, Shanghai, Nanjing, Jinan, Wuhan, Guangzhou, Chengdu and Xi'an.
People's Bank of China - Recent News & Articles
The Federal Reserve is stressing the importance of fintechs and core providers for the future expansion of its new instant payments system FedNow. The...
In the six months following its groundbreaking launch in July 2023, FedNow has emerged as a transformative force in real-time payments, marking a sign...
Temenos shares were down over 6% on Friday after closing over 28% lower on Thursday. The Swiss software company said its board of directors “fundament...
Corporate spend management giant Brex has laid off 282 people (20% of its workforce) and revealed that its COO and CTO are leaving their roles.In a me...
Europe’s central bankers may be privately cursing Federal Reserve Chair Jerome Powell for the dovish press conference he delivered on Wednesday. “Who ...
Norway's central bank surprised markets by raising its key policy rate Thursday, saying that a final hike in the current cycle was needed to ensure th...
Moody's on Friday lowered its outlook on the U.S. credit rating to "negative" from "stable" citing large fiscal deficits and a decline in debt afforda...
The U.S. Federal Reserve launched FedNow in July, the first government real-time payment system in the U.S. The service allows banks and credit unions...
Close to a third of all publicly-held, outstanding U.S. government debt is set to mature in the next 12 months, raising questions about where Treasury...
U.S. banks collectively held more than $1.2 trillion in brokered deposits in the second quarter, according to a Wall Street Journal analysis of data f...