China
China's Industrial Bank increase profits by 36%
China's Industrial Bank increase profits by 36%
The net profits of China's Industrial Bank rose to 34.71 billion yuan in 2012.
China banks' total social financing reaches record high of RMB15.8t
Loosening monetary conditions continue.
Postal Savings Bank of China CEO officially arrested for corruption
Tao Liming’s arrest comes after being jailed for several months.
Industrial and Commercial Bank of China to open in New Zealand
The world’s biggest bank continues aggressive overseas expansion.
Here's how China banks' credit growth will be robust in 2013
Credit growth may reach 20% in 1H13.
China Minsheng to do investment banking in Hong Kong
Internationalization of the renminbi fuels move.
Bank of China establishes Middle East subsidiary
Bank of China Ltd opens office in Dubai.
China's bankcard spending increases
Chinese bankcard spending surged as travel-related expenditures and shopping increased during the New Year.
China's SPD Bank sees profits rise 25%
Shanghai Pudong Development Bank's profits reach 34.16 billion yuan (5.43billion U.S. dollars) last year.
China's Industrial Bank allowed to issue more shares
Industrial Bank Company Limited can now issue no more than 1.92 billion additional A shares to specific investors.
3 reasons why cross-border RMB business is lucrative for BOC
Its offshore settlement reached RMB948bn, a 30% market share.
See how the small Chinese banks surprisingly outperformed the Big 4
Thanks to a more generous Basel III timeline released in December.
A review of the Chinese banking landscape in 2012
Small banks outperformed their large cap peers in December.
HSBC and Intel to establish first cross-border sweeping structure in China
The scheme aims to centralise foreign currency management for multinational companies.
China tightens wealth management regulation
Urgent internal circular orders banks to check sales of third-party products.
China's Minsheng Bank reports $47.62-B in micro-credit
Minsheng Bank's micro-lending topped 300 billion yuan or US$47.62 billion.
Chinese banks ordered to do internal scrutiny within 15 days
China government issued "internal and extra urgent" notice last Friday.
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