People`s Bank Of China News

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China lowers key interest rates to spur economic growth

News | Online & Mobile Banking | 25 Jul 2024

China has reduced its short and long-term interest rates to stimulate economic growth just days after a major Communist Party leadership meeting.

banks, financial institutions, interest rate, financial services

Bank of China tests SIM card NFC payments for e-CNY

News | Cryptocurrencies | 13 Jul 2023

The Bank of China has partnered with China Telecom and China Unicom to test SIM card NFC payments for the e-CNY in certain regions.

CBDC, NFC, digital payments, mobile payments

BNP Paribas partners Bank of China to promote the digital yuan

News | Cryptocurrencies | 08 May 2023

France-based bank BNP Paribas has partnered with the Bank of China to promote the digital yuan to corporate clients.

partnership, central bank, CBDC, digital assets