China Banking Sector Report 2024 2nd Quarter

In recent years, the admission criteria for foreign banks have been gradually loosened. In 2018, China relaxed the conditions regarding the operation of foreign banks, allowing them to set up branches and subsidiaries. In January 2024, China's National Financial Regulatory Administration (NFRA) removed foreign ownership restrictions, allowing foreign entities to hold 100% ownership in banks and insurance institutions. By end-2023, foreign banks had established a total of 41 corporate banks, 116 branches, and 132 representative offices in China, according to data released by the NFRA.

This report provides a complete and detailed analysis of the "Banking and insurance" sector for China. EMIS Insights presents in-depth business intelligence in a standard format across countries and regions, providing a balanced mix between analysis and data.

What this report allows you to do:

• Understand the key elements at play in the "Banking and insurance" sector in China
• Crystallise the forces both driving and restraining this sector in China
• Ascertain China’s position in the global sector
• Build a complete perspective on sector trade, investment and employment
• Understand the competitive landscape and who the major players are
• View M&A activity and major deals
• Gain an understanding of the regulatory environment for the sector in China.
• Build a clear picture of trends, output and consumption for specific sub-sectors