Euromoney: From private bank client to farmer: a Chinese model of social lending
Financial services group CreditEase runs an app through which its private banking clients can be connected to needy women farmers in China’s rural interior. It’s a remarkable initiative taken up by 200,000 farmers and shows what can be done with low-level credit. But how does the risk management work?
Medium: CreditEase: A Bridge to Inclusion.
Whenever I ask people to explain what they think CreditEase is, I hear a different answer. With so much happening both within CreditEase and the global economy, it seems timely to take a step back to explain who we are and what we believe in.
Fortune: CreditEase CEO: Social Responsibility Is an Investment, Not an Expense
A global trade war isn’t the only problem hanging over China’s economy. Small and medium-sized enterprises (SMEs), which account for 60% of China’s GDP and 80% of jobs, are having a hard time accessing financing, which could slow economic growth. There’s an upside for financial firms willing to fill that credit void, according to CreditEase CEO Ning Tang.
Fortune: Digital Consumers Want it All. Here's How to Keep Up
Customer demands are changing rapidly in the digital economy. That’s a challenge for all kinds of companies, but for small businesses, just keeping up can present a seemingly impossible hurdle.
Investors: Will Investment Management, Portfolio Services Boom In China? This CEO Says Yes
The founder of China's premier Web-based lending site sees a bright future in helping his country's middle and upper income earners in the area of managing a long-term portfolio. In fact, Ning Tang has a new word for it: "wealthtech."