China

The ICBC Bill Department registered a transaction turnover of more than US$132.5 billion and US$158 million in profit.

97% of those said they would continue to pay bills online over the next six months.

Hua Xia Bank's net profits in 2010 hit US$907.6 million, representing an increase of 59 percent from the previous year.

Shanghai Rural Commercial Bank tapped Tata Consulting Services' core banking solution, Bancs.

$914.28mn of the bonds to mature in 10 years while $609.52mn in 15 years.

BOC's domestic branches' transaction volume exceeded RMB 160 billion or US$24 billion in 2010. This is an increase of over 100 times than that of 2009. It continued to maintain the market-leading position.

The bank to use the proceeds to optimize its capital and liability structure and improve the management of liquidity risks.

The lenders are now allowed investment of their renminbi holdings in government and corporate debt in China's interbank bond market.

ABC will keep close watch on relevant policies to intensify its efforts in supporting the construction of government-subsidized housing, while shift its priority to quality projects. It will focus on the projects developed by enterprises with strong economic strength and with complete legal procedures.

The China Banking Regulatory Commission ordered banks to "properly handle" problems related to housing loans and protect the rights of customers while improving risk management.

Agricultural Development Bank of China plans to issue 400 billion yuan, 60.6 billion U.S. dollars, in bonds in 2011.

Standard Chartered Bank launched Global Link, a one-stop online banking service for high net worth clients with accounts in other countries.

Industrial and Commercial Bank of China expects significant growth in its personal consumer loan business over the next five years.

Fubon Financial is considering opening rural banks in China in an effort to tap the mainland's fast-growing rural economy.

Move aims to comply with regulatory requirements based on Basel III agreement.

67.4% of companies in China experienced overdue payment in domestic sales in 2010.