China
SPD Bank Shanghai, XTransfer team up to help Chinese SMEs expand overseas
SPD Bank Shanghai, XTransfer team up to help Chinese SMEs expand overseas
They aim to provide “safer, more efficient, more convenient” global collection and cash management services.
5 hours ago
China’s interest subsidies unlikely to boost credit demand: BofA
Loan growth for household loans and corporate loans were lower in August than a year earlier.
2 days ago
Alipay Tap! crosses 200 million users
It lets users pay by tapping their unlocked phone on a payment terminal.
5 days ago
China renews bilateral swap agreement with ECB, Switzerland, & Hungary
The agreements are valid between three to five years.
6 days ago
CZBank Shanghai, XTransfer ink agreement for cross-border finance
The two will jointly offer cash management services to Chinese foreign trade enterprises.
China and Azerbaijan’s central banks ink cooperation MOU
They aim to strengthen bilateral financial cooperation, amongst others.
China Merchant Bank profit rebounds in Q2 on lower costs
Net profit grew 2.7% in Q2 from a 2.1% decline in Q1.
Chongqing Rural Commercial Bank’s profitability likely to be stable through 2026
The bank still faces high asset risk, although it has built up strong buffers.
Agricultural Bank of China may receive capital support in 2026
It is also expected to attract higher quality clients from smaller banks, says S&P.
APAC banks keep strong footing as equity prices hit record highs
Optimism persists despite several risks to credit conditions remaining elevated, said S&P.
Ping An Bank past the worst point for net profit growth: analysts
Net profit decline in Q2 was narrower than recorded in Q1.
China’s credit and charge payments market to grow by 2.4% in 2025: GlobalData
Payment frequency for these cards stood at 55.3 times in 2025.
Ant, RayNeo to bring AR glasses payments cross-border with Alipay+
They plan to enable the use of AR glasses for in-store payments.
Chinese banks to see only mild impact from tax on bond interest income
The policy is also likely to increase the financing cost of banks for issuing new bonds.
Citi hires HSBC banker as head of China global banking network
Luen-Yuan Chu will head the corporate banking of international companies operating in China.
New bad loan formation remains a key risk for China Everbright Bank
The bank has adequate buffers, with reserves covering 174.4% of its NPLs.
Chinese yuan loans, deposits rose in H1 2025
Outstanding yuan loans grew 7.1% to $37.41t.
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