China

China regulator cautions top banks on risks

China regulator cautions top banks on risks

Government wary that uncontrolled lending can increase bad loans and form asset bubbles.

China Construction expects above 10% new loans growth

China targets cutting lending by $310bln prompting smaller banks to raise capital to boost adequacy ratio.

China banks urged to boost capital with profits

Regulator favors raising capital by rights offering while discouraging private placements and public share sales.

China Development Bank to evaluate tie-up with Barclays

Lackluster performance of banks after two years of partnership forced CDB's board to review relationship.

China Minsheng to focus lending on small firms

Lender maximises the underserved market by lending total $15bln with $731.957 credit cap for each company.

Morgan Stanley board approves China bank stake divestment

US bank just awaits China regulator's approval to complete sale of 34.3% stake in CICC.

China Merchants sees growth from upcoming rate hike

Lender plans raising $3.2bln from rights issue to prepare for expected tougher competition.

Agricultural Bank of China's February loans top rivals

Lender was able to lend 28% of China's top four banks total amount.

Industrial Bank loan growth cut by half

China's tightening trims down lending to $125bln as bank aims keeping bad loan ratio below 0.58%.

China Merchants seeks approval to open Taiwan office

Improving China-Taiwan relations enabled lender to apply for presence in the hometown of its Taiwanese clients.

China Merchants eyes raising $3.2bln via rights issue

Move aimed to replenish capital ratio after expansion of loans and acquisition of Wing Lung.

China banks' loans to foreign shipbuilders surge

Lending increased by more than 10% as banks follow government’s initiative to revitalise shipbuilding industry.

Celent publishes Cash Management in China report

Hua Zhang examined the rapidly developing cash management market China and trends in cash management services.

ICBC posts 33% growth in credit cards issued

ICBC card spending grew 76% in 2009 that made it world's fourth largest credit card issuer.

China Merchants eyes raising $3.22bln via rights issue

Rights issue with 1.3-for-10 ratio for Shanghai and Hong Kong aimed to bolster balance sheet.

Approval of ICBC's $530mln bid for ACL likely

China lender targets owning 51% of ACL shares as it strives to gain foothold in Thailand.

China defends 2 banks downgraded by Fitch

Regulator insisted banks are sound despite admitting that country’s excessive lending exposed them to credit risk.