China

Sales of asset-backed securities in China suspended three years ago have been re-launched to help banks stiffen the country’s sagging banking sector.

ICBC Beijing Branch has included the Thai baht and Philippine peso in its foreign exchange currency services.

Chinese and French state-owned banks have established a US$189 million fund to support each other's small and medium sized enterprises.

China's banks might have lent some US$95 billion in August, a 14% rise spurred by the government's injection of more money into the reeling Chinese economy.

Fitch Ratings Ltd expects the balance sheets of Chinese banks to deteriorate until the first-half of 2013.

Loans by China's Big Four banks to local government financing vehicles (LGFVs) amounting to US$410 billion from January to June has increased the risk of default by these entities.

China's commercial banks are facing a high risk of increased bad loans as local governments try to unleash a new round of stimulus packages.

China’s largest lender reported a 12.5% net profit rise for January to June, or less than half the comparable rate in 2011, while loans overdue for less than three months jumped 60%.

Agricultural Bank of China's profits jumped 20.8 percent year on year in the first half of the year to 80.52 billion yuan.

US authorities have extended investigations of UK's HSBC and Standard Chartered to search for information on Chinese banks' businesses with Iran.

Barclays believes Bank of China (Hong Kong) has capacity to increase lending and pull back from deposit competition.

Find out what analysts have to say about reports of Chinese banks being threatened by worsening short-term liquidity.

China’s banks, the world’s second most profitable after Indonesia’s, are expected to see profit growth fall below 10% in 2013.

Bank of Communications Ltd said it has raised US$4.7 billion to meet the government’s capital adequacy ratio requirement.

A rising number of bad loans threaten future earnings for China Construction Bank Corporation that saw its first-half net profit rise 15% year-on-year.

Citigroup Inc has made history by becoming the first Western bank to issue its own credit card in China without co-branding from a local financial institution.