China

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.

By June, Bank of East Asia will have 22 branches in  the Chinese mainland.

ICBC handled more than US$22.83 billion or 150 billion yuan of cross-border trade settled in its own currency in January. This is according to a statement released on the bank's website.

An analyst believes that the move is more likely to be accepted by investors than an earlier Shanghai private placement fundraising scheme.

China Development Bank witnessed the robust growth of grassroots finance in 2010.

ICBC will increase core competence and maintain sustainable development through process restructuring, improved innovation and service capability.