China
Bank of Communication's 1H14 net profit climbs 5.6% YoY to CNY36.8b
Loan growth, meanwhile, remained moderate.
Bank of Communication's 1H14 net profit climbs 5.6% YoY to CNY36.8b
Loan growth, meanwhile, remained moderate.
Chongqing Rural Commercial Bank 1H14 loan growth surges 17.8% YoY
While NIM went above the consensus.
Time deposits drive Chongqing Rural Commercial Bank end-1H14 deposits to RMB 395.1bn
But loan growths were stable.
RMB deposits fall sharply in July by CNY1.98T
Loan growth, meanwhile, was more selective.
Fund flows to China’s equity market dropped to US$1.6b in early August
Fund flows to China and HK continue.
Consequences of China bank ownership reform murky: Fitch
No established precedent for implementation of reforms.
Hang Seng Bank exceeds consensus estimates with 1H14 net profit of HK$8,468mn
Reflecting unexpectedly better non-interest income.
China banks to kick off 1H14 reporting season
Decent average profit growth is expected.
BEA lowered cost income ratio to 53.2% in 1H14
The bank kept its word.
Standard Chartered's Renminbi Globalisation Index up 0.3% m/m in June
However, it's the slowest in 20 months.
India's ICICI Bank flexing more granular balance sheet
ROEs are also inching towards optimum levels.
Deutsche Bank wraps up first series of RMB option trades for Chinese corporates
In line with the new SAFE regulation.
Bank of East Asia 1H14 net profit up 6% y/y at HK$3.58b
Reflecting non-interest income that exceeded expectations.
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Reforms in China banks poised to be next catalysts
Reform plans could improve NPL visibility.
BOCOM announces deepened mixed-ownership, corporate governance reform plans
Shareholding incentive could be one reform area.
ICBC board gives green light on issuance of domestic, offshore preference shares
Each share has a value of CNY100.