China

China has given permisssion to ten Taiwanese banks to establish branches on the mainland.

The Bank of China became the first mainland bank to commercially operate in Taiwan with the opening of its Taipei branch.

While not downgraded by credit ratings agencies, China’s huge state-owned banks are cause for serious concern in the weakening economy.

Agricultural Bank of China continues its North American expansion.

A new agreement improves government oversight of their banks in each country.

ICBC branches are aggressively marketing the bank's equipment leasing service to SMEs to address their difficulty in accessing bank loan for production upgrade.

Faced by a weakening economy, China offers Taiwanese investors a package of bank loans as incentives.

One of China’s “Big Four” will open for business in New York this summer.

Chinese firms will be allowed to use foreign currency loans they acquire from domestic banks to finance operations overseas starting on July 1.

The PBOC said reports that it allowed 30 percent lending discounts to first-time home buyers contain deliberate misinterpretations.

Cathay United Bank will purchase 70 percent of the Cambodia-based Singapore Banking Corp. Ltd.

The Asia-Pacific will continue to have the most number of mobile banking users in the world.

Small Chinese banks are taking away business from their bigger, state-owned rivals with simple offerings such as higher interest rates.

China's central bank implemented an interest rate cut by 25 basis points, the first reduction since the end of 2008.

The first bank in China focusing on technology companies will start operating in July.

Beijing said bank lending and the money supply were above expectations in May.