China

Bank of China and Taiwan-based Hua Nan Bank and Chang Hwa Bank entered into the comprehensive business cooperation agreements.

ICBC announced after-tax profit in the first half of 2011 of RMB 109.6 billion, up 29% year-on-year.

ICBC registered RMB 3 trillion of assets under custody in the first half of 2011, ranking first among Chinese banks for 13th consecutive year.

Deposits in the Development Bank of Singapore Deposits also grew by 90%.

Moody's Corporation now has an ownership stake of about 16.7% of the Company.

China's bank lending quickened to 548.5 billion yuan or $86 billion in August, topping market expectations of 500 billion yuan and rebounding from July's seven-month low.

Bank of Nova Scotia will buy close to 20 percent stake in Bank of Guangzhou for about C$719 million or $722 million.

Bankcard transactions in China during the first half of 2011 reached 178.6 trillion yuan or US$27.9 trillion U.S. dollars.

China’s phenomenal economic growth over the past three decades has attracted much attention worldwide.

China asked American bank to sell only half its holdings in CCB.

Founder Securities will pay up to 1.5 billion yuanor $234 million for a stake in Shenjing Bank in northeastern China.

The Big-Four banks also disclosed that they made a total provision of $14.4b as of end 1H11.

The Big Four’s new yuan loans in August is significantly lower than July's $77.07bn.

Temasek bought 4.4 billion shares of the Chinese lender, increasing its stake to 8.1%.

The sale has quelled fears that BoA’s shares would be dumped into the market.

Agricultural Bank of China's Jiangsu Branch registered deposits of RMB1,025.1 billion in June, accounting for 15.2% of the total deposits of Jiangsu banks.