China
Growth of ICBC, BOC seen to slow down
Lenders have peaked after ICBC and BOC second quarter profit up 38% and 15% respectively.
Growth of ICBC, BOC seen to slow down
Lenders have peaked after ICBC and BOC second quarter profit up 38% and 15% respectively.
ICBC, BOC profits may reflect China banking industry’s strength
Estimated more than 29% profit increase of both banks seen to improve confidence in China’s lenders.
Central Huijin to inject $13bln into 2 firms
China's central bank approves Central Huijin to fund ExIm Bank and Sinosure by selling bonds.
Central Huijin to issue RMB187.5 bonds
Earnings of sovereign wealth fund’s first bond sale to be used for Export-Import Bank of China.
HSBC China becomes market maker to trade RMB and Ringgit
Lender also provides ringgit exchange service through its branches in 24 key Chinese cities.
Regulator approves ICBC's Shanghai convertible bond sale
Lender also planned a $6.6bln rights issue aside from its $3.7bln bond sale.
China Everbright debut day of IPO beats forecasts
Investors' optimism on smaller Chinese banks gave lender share price gain that surpassed AgBank's.
China Everbright tags IPO at $US0.46 per share
Lender’s IPO success may encourage rival banks to follow suit.
China's Central Huijin plans to issue bonds
Fund to sell $7.97bln bonds in its effort to maintain controlling stakes in major domestic banks.
New RMB loans reach $73.82bln in July
Growth of loans in small and medium banks and city commercial banks faster than large lenders'.
Employers fight for local talent
Over the past few months the number of vacancies has been steadily increasing within the banking and finance sector across Asia. While this is great news for the jobs market, many employers are finding it difficult to source candidates with the right level skills and experience locally.
China Everbright receives approval for $3bln Shanghai IPO
Everbright Bank may face big capital shortfall in the next three years without the IPO.
China banks see risks in $1.1tln government loans
Lending to unprofitable government companies and projects had saddled China’s banking with 50% non-performing loan ratio.
CCB may complete $11.6bln rights issue in October
Rivals ICBC reported to conduct up to $6.63bln rights issue while BoC seeks approval from regulator.
Foreign lenders expand their China private banking operations
Renminbi new incremental loans amounted to $675.43bln in 1H 2010 prompted banks to recruit more staff.
China's Agricultural Bank's rural micro-credit loans expand rapidly
Lender achieved 23% micro-credit growth to $12.2bln from $9.93bln to help 15mln farmers.
China Construction Bank spearheads unprecedented private sector loan
CCB-led consortium granted $959.62mln loan to AsiaAlum in a much needed financing to weather the crisis.
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