China

New Beijing branch strategic and timely for Maybank

Maybank President and CEO, Datuk Seri Abdul Wahid Omar, describes the opening of its Beijing branch as strategic and timely.

New Beijing branch strategic and timely for Maybank

Maybank President and CEO, Datuk Seri Abdul Wahid Omar, describes the opening of its Beijing branch as strategic and timely.

China banks' September new RMB loans disappoint at RMB 623b

New corporate loans slumped from RMB 421 billion in August to RMB 293 billion.

Chinese bank lending slows in September

Chinese banks loaned RMB623.2 billion in September, down 11% from RMB703.9 billion in August and below the industry estimate of RMB700 billion.

EIB to open Beijing office this year

The European Investment Bank will open a representative office in Beijing to expand its presence in China.

ICBC sees growth in Singapore shipping

China’s biggest bank intends to focus its attention on building its ship finance business in Singapore.

China Huarong morphs into joint-stock company

China Huarong Asset Management Co Ltd has been officially transformed into a joint-stock company focused on bank-related businesses.

GRGBanking seals USD74.87m deal with Bank of China

These 2 supply contracts are for self-service banking equipment from China.

Why are Malaysian banks aggressively expanding into China?

An analyst points out 4 reasons behind the expansion despite China's currently troubled banking sector.

Chinese banks unprepared to run major Euro banks: experts

Chinese banks are eager to make acquisitions abroad, but may not have the managerial capability to run major European banks.

Profit growth in China's top 10 banks slows to 16.9%

That is compared to the 34.2% profit growth in the first semester of 2011.

Chinese banks pull-out of IMF and SIBOS meetings in Japan

Blame it on the souring relations between Asia's two biggest economies.

Hana to pilot Korean-style private banking in Jilin

Hana Bank, the banking unit of South Korea's Hana Financial Group, will introduce South Korean-style private banking in China this month.

China's banks snubbing IMF, World Bank events in Japan

China did not hesitate to use its clout in the financial sector to voice out protests over the diplomatic row with Japan concerning the Senkaku Islands.

China now hosts 14 HK bank branches

There are now 14 Hong Kong-based bank branches on the Chinese mainland nine years after the signing of a key economic plan.

New Chinese loans in another sharp drop

Chinese banks could have lent only US$95 billion in new loans during September.

China injects biggest daily amount of funds to banking system

To ease a liquidity thirst before a week-long holiday injected the largest daily amount of money into the banking system via open market operations.

Big Four to cut shareholder dividends

These banks may reduce their dividend payout ratios by five percentage points to 35%.