China

Chinese banks bid farewell to era of easy profits

China’s Big Four banks face far weaker earnings growth in the future as profits continue to fall this year.

Chinese banks bid farewell to era of easy profits

China’s Big Four banks face far weaker earnings growth in the future as profits continue to fall this year.

Massive liquidity injection fails to ease liquidity

The People’s Bank of China has released RMB220 billion into the banking system via reverse repo.

China to miss annual credit supply target

New loans extended by Chinese banks in July came to just US$84.9 billion against an expected US$110 billion, the lowest level since October 2011.

China's Big 4 accelerate new loans

The "big four" Chinese banks extended 70 billion yuan or $11 billion worth of yuan-denominated loans in the first half of August.

Number of China's bank cards on the rise

Around 3.23 billion bank cards were issued in China as of the end of the second quarter.

Pessimistic forecasts for China’s banking sector

China’s first private bank posted a second-quarter net income 20% larger than the year before but triggered a sell-off at the Hong Kong exchange that dragged down other major Chinese banks.

Chinese banks face worsening short-term liquidity

A steady fall in foreign direct investments are crimping the expansion of China’s monetary base.

China’s Big Four dominate world’s top banks

China’s state-owned banks remain among the world’s most profitable and the largest in market capitalization.

China’s Big Four dominate world’s top banks

China’s state-owned banks remain among the world’s most profitable and the largest in market capitalization, said a report by Boston Consulting Group.

China’s first technology bank to support tech companies

SPD Silicon Valley Bank which focuses on commercial services for technology start-ups opened this week in Shanghai.

BoCom to raise US$8.98 billion for capital replenishment

China's fifth largest lender by assets, has received government approval to complete a private share placement.

ANZ may sell Asia bank stakes due to stringent capital rules

ANZ would sell some of its stakes in Asian banks if Australia does not ease stringent capital requirements, said chief executive Mike Smith.

NPL ratio of Chinese commercial banks remains at 0.9%

The NPL ratio of China's commercial banks at the end of June remains unchanged from the end of the first quarter at 0.9 percent.

GRGBanking to hold 7th Global Customer Exchange in September

A new series of cash deposit machines will be unveiled in GRGBanking’s Guangzhou headquarters.

Chinese banks extend US$84.9b new loans in July

This is over 20% below the market forecast of US$108 billion.

Taiwan's Fubon to boost China foray with HK branch

Fubon Financial Holding aims to boost its presence in China through its Hong Kong branch in Hong Kong as a bargaining chip.

Bank of Communications gets nod for private placement

The Bank of Communications has received approval from regulators to complete its private share placement.