China

China raised the ceiling on deposit rates to 110 percent of the benchmark from 100 percent. This is in addition to the parallel 25-basis-point cut in the benchmark deposit and loan rates.

State-owned Noor Islamic Bank seeks more business in Singapore and Malaysia to benefit from growth in Southeast Asia.

Two of the largest banks in the United Arab Emirates will set up offices in China to boost trade between both nations.

China will delay the implementation of tough new bank rules until next year.

China's lending and deposit rates remain stable, while outstanding loans still show a downtrend.

Chinese banks are urged to focus on raising capital than taking on more risks.

China’s heavily hyped banking reforms look more like a gimmick than the real deal.

ICBC and the Citic Group were found to have violated several financial regulations in a routine audit by the National Audit Office.

Russian banks expect to sign agreements with Chinese partners on financing several projects in Russia during President Vladimir Putin's visit to China next week.

HSBC China will be among first market makers for the direct trading of the renminbi and yen after it was approved by China's central bank.

JPMorgan Chase & Co has raised its capital of its Chinese division to over US$1 billion to exploit broader opportunities arising from a further liberalization of China’s banking sector.

China has taken a key step towards making the yuan or renminbi a truly global currency.

So far loan growth year-todate was mainly driven by short-term corporate loans and discounted bills, says Barclays Research.

China’s decelerating economy has compelled China’s banks to accept private investments to generate funds for lending to small and medium enterprises.

China’s banking sector is lending less and less because of the spreading economic slowdown.

Chinese banks bought US$110.2 billion on behalf of clients in April and sold US$113.9 billion U.S. dollars, resulting in a net sale of 3.7 billion U.S. dollars.