China

China UnionPay cards will now be accepted by all automatic teller machines wned by Peru's Interbank.

Chinese banks may see their asset quality fall at some time in the future if the country's monetary tightening policies and liquidity squeezes continue.

The lender steps up Canada expansion after setting up beachhead by buying 70% of Bank of East Asia (Canada).

Lenders establishing renminbi deposit pools to make way for renminbi-denominated businesses such as trade finance and lending.

The ex-DBS Private Bank's North Asia head will help the lender in fortifying its Greater China business.

AgBank will also issue $7.71bn subordinated bonds on June 2 following Shenzhen Development Bank’s $563.24mn mixed bonds launch last month.

Branch would be the lender’s second in China as it expand in its strategically important market for its customers.

The China Banking Regulatory Commission's new 4% leverage ratio requirement means more pressure to maintain a solid capital base.

Bank of China and BoCom mull to issue up to $30.84bn in bonds despite market doubts that Hong Kong can accommodate such a massive fundraising.

The lender plans to acquire Chinese banks stakes as many as regulations allow considering future possibility of Taiwan banks being depent on the China market.

The lenders’ entry into the market could help to improve interoperability, aid price discovery and optimize the yield curve.

Jiang is expected to help manage Deutsche Bank’s venture with Shanxi Securities Co.

Bank of Shanghai Co. said Tuesday it plans to sell up to CNY5 billion ($768 million) worth of subordinated bonds on the interbank market between May 20 and May 24 to supplement its capital.

Under the agreement, Citibank Guangzhou expects to improve its ATM network management efficiency.

ABC officially launched Zhangjiajie Tourism Card, the first domestic tourism financial IC card.

Some banks resort top paying commissions to agents to help attract short-term deposits before the end of each month to evade the regulation.