China
ICBC disappoints with 1st half results
ICBC disappoints with 1st half results
China’s largest lender reported a 12.5% net profit rise for January to June, or less than half the comparable rate in 2011, while loans overdue for less than three months jumped 60%.
Agricultural Bank of China first half profits surges by 20.8%
Agricultural Bank of China's profits jumped 20.8 percent year on year in the first half of the year to 80.52 billion yuan.
US probes UK-Chinese bank connections on Iran business
US authorities have extended investigations of UK's HSBC and Standard Chartered to search for information on Chinese banks' businesses with Iran.
BOCHK has the lowest LDR among peers in 1H12
Barclays believes Bank of China (Hong Kong) has capacity to increase lending and pull back from deposit competition.
How can Chinese banks handle the sudden surges of liquidity demand?
Find out what analysts have to say about reports of Chinese banks being threatened by worsening short-term liquidity.
Chinese banks’ profit growth may fall to single digits in 2013
China’s banks, the world’s second most profitable after Indonesia’s, are expected to see profit growth fall below 10% in 2013.
BoCom boosts core capital
Bank of Communications Ltd said it has raised US$4.7 billion to meet the government’s capital adequacy ratio requirement.
CCB faces lower profitability; more bad loans
A rising number of bad loans threaten future earnings for China Construction Bank Corporation that saw its first-half net profit rise 15% year-on-year.
Citi issues own credit cards in China
Citigroup Inc has made history by becoming the first Western bank to issue its own credit card in China without co-branding from a local financial institution.
Bad debts in Zhejiang pull down banking sector
Massive bankruptcies among small businesses causes soured loans in Zhejiang Province to balloon by over 50%.
Flagging economy slams Bank of China
Bank of China Ltd reported a net profit of US$5.5 billion, a 5.3% improvement year-on-year from US$5.2 billion.
Bank of China posts weakest net increase in 3 years
Bank of China posted a 5.1 percent rise in second-quarter net profit, its slowest profit growth in over 3 years.
Chinese banks bid farewell to era of easy profits
China’s Big Four banks face far weaker earnings growth in the future as profits continue to fall this year.
Massive liquidity injection fails to ease liquidity
The People’s Bank of China has released RMB220 billion into the banking system via reverse repo.
China to miss annual credit supply target
New loans extended by Chinese banks in July came to just US$84.9 billion against an expected US$110 billion, the lowest level since October 2011.
China's Big 4 accelerate new loans
The "big four" Chinese banks extended 70 billion yuan or $11 billion worth of yuan-denominated loans in the first half of August.
Number of China's bank cards on the rise
Around 3.23 billion bank cards were issued in China as of the end of the second quarter.
Thought Leadership Centre
In Association with
In Association with
Resource Center
Read Here
Advertise
Sign Up
Event News
Lorem Ipsum Three
Lorem Ipsum is simply dummy text of the printing and typesetting industry.
