China
Bank of China's 1Q15 net profit slightly increases to RMB45.8 bn
Fee income had declined year-on-year.
ICBC's 1Q15 net profit sneaks up by 1% to RMB74b
It experienced slower fee income growth partly.
Chongqing Rural Commercial Bank posts unexpectedly higher profit of RMB2 bn
Thanks partly to fast balance sheet expansion.
China CITIC Bank 1Q15 earnings edge up 2.1% to RMB10.9b
There's also rising appetite for interbank business.
China slashes RRR by 100bps
The market only expected a 50bps cut.
100bp RRR cut in China proves further monetary loosening
The cut is the second in 2015.
China Minsheng Banking Corp's 1Q15 net profit climbs 5.5% to RMB13.4bn
This and other results aligned with expectations.
Here are Asian countries that are fuelling RMB internationalisation
HK still takes the lion's share.
China CITIC Bank 2014 earnings increases 3.9% YoY to RMB40.7b
There are challenges to watch, though.
China Minsheng Bank's 2014 net profit increases 5% y/y to RMB44.5b
High impairment dragged earnings down, though.
Why CNH bonds' performance in 1Q15 wasn't as bad as most people feared
Total return dipped just a tad 0.22%.
Chinese banks' earnings unlikely to improve in 2015
Deteriorating asset quality to smash banks' profitability.
CCB 2014 net profit jumps 6.1% y/y to RMB227.8b
But its asset quality slightly deteriorated.
New loans in China banks climb to RMB1.02t
Strong corporate demand's a factor.
New FTZs paving the way for a freer China
The Guangdong Free Trade Zone (FTZ) opens on March 18, according to a trade association in the province. This is expected to deepen economic integration between Guangdong, Macau, and Hong Kong.
80% of corporates in China experienced grappled with overdue payments in 2014
It's a slight improvement compared to 2013.
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