China
Bank lending to local government financing vehicles curbed
Bank lending to local government financing vehicles curbed
China urges local governments to abide by the rules to avert more bad loans.
ICBC's profit surged 69% to US$54m in Dubai
Thanks to stronger trade between China and Dubai.
Zhou to stay on as central bank boss
Media reports are swirling that Zhou Xiaochuan will keep his job.
Alibaba to finance Guangdong's small businesses
Alibaba will offer collateral-free credit loans to small business owners in Guangdong Province. It is building up its financing arm to tap its booming online business as more vendors move online to attract consumers.
Why China is the stalwart in Asia's cards and payments industry
For financial institutions and customer-centric executives, it has never been more important to focus on the rapidly developing cards and payments market. Now Asia is set to lead a card acceptance revolution with China’s UnionPay governing the charge.
Chinese banks' deposits grew RMB1.11t in January
Find out what factors spurred the growth.
Chinese banks' medium- to long-term loans finally rebound after a 2-month decline
Loans were up RMB309.8b in January.
China attends first FSB meeting in Switzerland
FSB passes Articles of Association and the Procedural Guidelines.
Aussie banks see limited growth in China
Lack of strategic options leads banks to reconsider additional investments in China’s banking sector.
Massive Wenzhou debt might wreck Chinese financial reforms
Court cases on private financing jumped to 20,000 in 2012.
Check out Wing Hang Bank's special promotion for the Lunar New Year
Customers who start a My Kid Savings Plan are entitled to a 1.75% interest rate.
Chinese banks in massive rollover of local government debt
Extends repayment of three-fourths of RMB4 trillion.
CCB International bullish on Chinese banking sector
Said sector to gain boost from solid Chinese economy.
Top UAE bank launches renminbi trading
Emirates NBD launches renminbi accounts to support SMEs.
More Chinese fall victim to banks’ Ponzi-type products
Wealth management products used to deceive investors.
Big Chinese banks move into e-commerce
Shrinking margins from traditional businesses goad Chinese banks into a new revenue stream.
See how HSBC pilots the first-ever foreign currency netting solution in China
Kee Joo Wong, HSBC’s Head of Payments and Cash Management in China, reveals some exclusive information.
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