The Credit Reference Center, operated by the People's Bank of China, mans a booth at the 2015. The credit-reporting system was established in 2006, and the central bank opened the business to private companies in 2015.
Credit risk management is the practice of mitigating losses by understanding the adequacy of a bank’s capital and loan loss reserves at any given time – a process that has long been a challenge for financial institutions.
More than half of the importers interviewed in a survey conducted by Global Sources said that verifying suppliers is the most daunting task they face when importing from China.
SHANGHAI (Reuters) - China's banking regulator will tighten control over risks in the financial markets, work more closely with the central bank and other regulators...
Enterprise risk management (ERM) is defined as an organization’s enterprise risk competence—the ability to understand, control, and articulate the nature and level of risks taken in pursuit of business strategies.