China
Bank of East Asia obtains RMB Qualified Foreign Institutional Investor approval
It can now invest in China's fixed income market.
China Merchants Bank's net profit climbed 12% to RMB 26.3b
Thanks to these 2 growth boosters.
China Everbright Bank and China Unicom partner in mobile finance
Sign strategic cooperation agreement to develop business.
Russia signs agreement with China Development Bank
Aims to attract financing for large infrastructure projects.
Exim-Bank of China fails in bond sale
Weak demand causes failure.
China banks threatened by seasonally weak deposit gathering period
It will last until October.
CCB aims more products at SMEs
Zhongguancun Branch leading the focus on SMEs.
HSBC opens its 150th outlet in mainland China
New branch is at Yangzhou City.
Chinese banks’ NPLs rise for seventh straight quarter
Propelled by China’s souring economy.
China encourages opening of more private banks
Needed to support cash-starved small firms.
3 biggest reasons behind Chinese banks' TSF drop in July
It fell to RMB 809b.
China to get tougher on foreign banks
But will go easier on local lenders.
Is China preparing to bail out troubled banks?
Will permit banks to sell-off loans to more investors.
Chinese banks' new loan growth reaches RMB 700b in July
It's 15% below the average H1 monthly run-rate.
China, Africa using more RMB for direct trade settlements
Bank of China says more direct RMB settlements needed.
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