China

Central Huijin also said it will support rights issue plans of ICBC, BoC, and CCB.

Former chair and president Fu Yuning poised to replace Qin, who resigned due to age.

Lender to upgrade e-banking system as it is pushing for internationalization of renminbi.

Move prompted by rosy profit from overseas operation, which accounts for 25% of lender's total profit.

Lender to concentrate on low capital and high incomes operations to achieve goal.

Policies that are sold through HSBC and other banks amounted to $12.6mln and exceeded targets.

Insurer’s chairman said it will strengthen non-insurance core businesses, including assets management, banking, securities, and trusts.

GRG HK, a wholly-owned subsidiary of GRG, had won a bid for 1250 units of recycling machine H68N from the Agricultural Bank of the Republic of Turkey.

ICBC leads banks with biggest profit for the first half at $12.42bln as lending boom reaped profits.

The cash processing & self-service solution provider has developed a new solution transforming cash management into cassettes management.

GRG Banking Equipment Co.,Ltd.’s new subsidiary, GRG Banking Equipment(HK) Co.,Ltd., secured an order to supply 1,000 units of automated teller machines for a Middle East bank.

Lenders have peaked after ICBC and BOC second quarter profit up 38% and 15% respectively.

Estimated more than 29% profit increase of both banks seen to improve confidence in China’s lenders.

China's central bank approves Central Huijin to fund ExIm Bank and Sinosure by selling bonds.

Earnings of sovereign wealth fund’s first bond sale to be used for Export-Import Bank of China.

Lender also provides ringgit exchange service through its branches in 24 key Chinese cities.