China

Weak deposit growth hammers China’s banks

Loans exceed deposits at a faster pace.

Top 3 Chinese banks report double digit earnings growth

Growth rate will keep slowing as margins ease, however.

The new BRICS bank and its implications for Asia

In the recently concluded 5th BRICS Summit in Durban, South Africa proposals for a new BRICS led development bank were floated and discussed. While the summit failed to finalize plans on the proposed bank’s operations and structure, a ‘broad consensus’ has emerged within the BRICS nations for the need of an alternate multi-lateral development agency operating outside the ambit of the World Bank and its sister agencies.

Faster financial reforms needed to curtail shadow banking danger

Rising risks from shadow banking make this urgent.

CBRC orders banks to provide more detail on interbank deals

Unregulated channels may be used to pour funds into speculative real estate.

China secretly issues tougher anti-money laundering rules

Banks to rate their clients' risk of criminal conduct starting December 2015.

Chinese banks continue amassing US dollars

Attain forex surplus for seventh straight month.

BOC to expand operations in Cambodia

Bank of China prompted by rapid business growth in Cambodia.