China

Chinese banks urged to accelerate lending as economy grinds to a halt

New credit as a percentage of GDP has plunged to a near-three-year low in June.

Chinese banks urged to accelerate lending as economy grinds to a halt

New credit as a percentage of GDP has plunged to a near-three-year low in June.

Chinese banks new loans hit $274.91b in June

Household loans dominated monthly lending.

China greenlights establishment of overseas banks

Arab Bank has received the green light to set up a Shanghai unit.

Chinese banks face risk from surging bad loans in real estate

Nonperforming loans in property may hit 1.5% in 2018.

Guiyang Rural Commercial Bank capital wiped out after tightening loan rules

Surging bad loans pushed CAR down from 11.8% in 2016 to below 1% by end-June.

China dominates world's largest banks even as Europe flexes financial muscle

Chinese lenders held the top four places in overall ranking based on Tier 1 capital.

JPMorgan to beef up Chinese investment banking team by up to 50%

It seeks to expand investment banking coverage to tech firms.

Union Bancaire Privée's Eric Morin reveals the bank's fierce ambition to thrive in Asia

Should local Asian private banks be threatened as the major Swiss player enters the scene?

China has over 7 billion bank cards in circulation in 2017

Each Chinese person has about 5 cards on average.

Chinese banks brace as more reserve cuts loom to boost credit-short SMEs

Easing monetary policy will ease credit crunch firms face as part of the shadow banking crackdown.

China slashes reserve requirement to counter trade war pressures

The move releases around $108b in fresh liquidity into the system.

Alibaba-backed online lender MYBank opens up tech solutions to other banks

The company is similarly boosting the digital transformation of other banks.

Chinese audit office slams illegal activities by major banks

ICBC, BOC, and Citic extended loans to unqualified companies.

Chinese banks bad loans surge to $292.55b in May

NPL ratio also rose from 1.75% to 1.9%.

Tighter rules targeting shadow banking put brakes on China banks' expansion

The country’s slowing economy is about to squeeze banks’ profits and drive even greater costs.

Chinese bank credit continues to build up despite deleveraging campaign

Sustained expansion in household debt pose risks to the sector’s stability.