China
No scrapping of China’s bank deposit rate ceiling before 2015
No scrapping of China’s bank deposit rate ceiling before 2015
Emplacing a deposit insurance system takes priority.
Chinese banks boost green financing for green projects
Supports drive to promote ecological progress and curb pollution.
Over producing industries not being starved of loans
Chinese government denies ordering halt in lending.
Property loans by Chinese banks surge 130% in H1
Stands at US$212 billion from US$92 billion year-on-year.
What you need to know about simplified RMB cross-border trading
On 10 July, the People’s Bank of China (PBoC) announced a series of measures aimed at simplifying renminbi (RMB) cross-border transactions.
China denies foreign exchange withdrawal
Chinese banks post forex deficit of US$400 million in June.
Only a small portion of China banks' new loans priced below PBOC's benchmark rates
Most banks expected to retain their pricing power.
China banks' June net forex sales plunge 62%
Dramatic drop suggests accelerating capital outflow.
Financial products in Chinese banks stand at US$1.6 trillion
Indicates growing innovation among Chinese banks.
End of lending rate controls credit negative for Chinese banks
Impact will be felt more strongly by the Big Four.
Standard Chartered China completes RMB2.7b cross-border lending deal
It's the first deal post-PBOC's circular.
China abolishes banks’ floor lending rates
Critics say move not a breakthrough in rate liberalization.
China will scrap ABS quota for banks
Desperate need to provide more credit for weak economy.
CIPS to debut in Shanghai in 2014
3Part of campaign to internationalize the RMB.
Eight Chinese banks accept payments made using NFC
Smartphones need an app called “Wallet” to use NFC.
Big Four state-owned banks are world’s richest
Dominate list of banks with highest net interest income.
China is revamping troubled financial sector
Ten guidelines support transition to consumer-driven economy.
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