China
China's top 4 banks lent $125bln in Q1
China's top 4 banks lent $125bln in Q1
ICBC led with $39.5bln loans as upward trend in lending is seen to continue this year.
China regulator urges banks to readjust lending
Lenders asked to practice strict control on lending for construction raw materials to avoid loan overcapacity.
HSBC to further extend presence in China
Expansion involves establishing rural banking in line with government’s aim of providing financial assistance outside cities.
Guangdong Bank plans raising $2bln through share issue
Lender joins other China rivals’ share offerings by selling 3.4bln shares to restore capital before IPO.
Agricultural Bank of China invites bids for IPO
Lender may acquire $29bln as it invited 20 bidders for China and Hong Kong IPO.
China Construction Bank targets selling $11bln in shares
Proceeds from local private placement and Hong Kong rights offer to raise capital after credit boom.
China Construction to tighten grip on overseas operations
US$1bln exposure to Dubai World prompted lender to strictly control its bonds and loan investments abroad.
Industrial Commercial Bank of China to enter India
Move to open ICBC Mumbai branch follows China’s nod for SBI Shanghai to lend in Renminbi.
BEA commits to Northern China development
BEA became the first locally-incorporated foreign bank to open a branch in Hebei Province with its Shijiazhuang branch.
People's Bank of China names 3 new advisers
Economists Zhou Qiren, Xia Bin and Li Daokui are expected to bring in hawkish view.
China Construction Bank Q4 profit up to $3bln
Careful choice of projects last year can make performance this year better than peers.
Commonwealth Bank launches first branch in China
Lender keen to focus business on natural resources trade, infrastructure financing and structure asset finance industries.
China Construction Bank mulls raising funds
Source says lender’s board may place $6bln worth of shares and rights issue to meet target.
Agricultural Bank of China launches Australia office
Assistance from Austrade and New South Wales government paved way to lender's Sydney office opening.
Bank of America chief keen on China expansion
Moynihan revealed few detail on lender's move that includes obtaining securities license over next several years.
HSBC eyes Bank of Communication rights issue subscription
Move part of HSBC's plans to invest in China to capitalise on country’s 10.7% economic growth.
Chinese banks strong enough to endure bad loans
Despite forecast of 20% rise in 2010 loans, NPL and other problem loans ratio are expected to remain below 10% for the next two years.
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