China
CCB begins massive expansion of branch network
CCB begins massive expansion of branch network
China Construction Bank Corporation plans to open 2,000 more branches until 2016.
Chinese banks cut mortgage rates
Mortgage interest rates are falling in Chinese first-tier cities with the gradual recovery of the property market.
GRGBanking's net income up by 6.61% to US$80.46m
But after deducting the non-operating gains and losses the profit only increased by 5.39% to US$77.6 million.
Chinese banks intensify lending
Chinese banks lent a record US$160 billion in March in a bid to boost China’s faltering economy.
China hammers big banks again, warns of severe punishment
China is putting increasing pressure on state-owned banks to reform.
China lauded by IMF and WB for improved bank regulations
Chinese banks have made "significant improvements in risk measurement and risk management", according to experts of the IMF and World Bank.
Will bad debts continue to hurt Chinese banks?
Reports say that China's non-performing loans surged to US$68b at the end of 2011 - is this the start of a looming credit crisis in China? Find out what analysts from Fitch and Standard & Poor's have to say.
China loosens grip on foreign-funded banks
China takes another step towards opening its highly regulated banking system to the outside world.
Which way is the wind blowing for Asian CFOs?
Let’s face it: those developed economies, that once were the ones spinning the globe including Japan, are currently fire-fighting their daily affairs of debt crisis, unemployment and so on. Emerging markets like South America, China, India and Indonesia are now taking the lead with unprecedented growth surge.
Is outsourcing still relevant for banks?
It all started in the 1980s when Outsourcing first come into sight in the IT industry. This was the time when companies acknowledged the benefits of having IT service partners in development of complex systems, and improved the way that a business process or service is managed. It paved the way for advent of a new genre of business approach, termed “Outsourcing” and in today’s world it has become an entity, important at that, enhancing every business system.
The long march of the Renminbi
Over the last few months, investors have frequently expressed to me their concerns about the change of leadership in Beijing likely to take place in the autumn of this year and what that might mean for the pace of reform in China’s economy and markets.
ICBC records record high net profit in 2011 amid growing bad loans
ICBC's net profit for January to December period gained 26% to CNY208.27 billion or US$33 billion from CNY165.16 billion.
China Construction Bank posts 25% net profit growth
China Construction Bank registered a 25.48% growth in its $26.89 billion net profit in 2011.
Top Chinese banks post embarrassingly high profits
Seven of China’s leading banks lean on interest income to book record profits.
Minsheng Bank to raise US$1.4 billion
China Minsheng Banking Corporation, Ltd needs some US$1.4 billion to meet tougher government regulations.
Gulf States a gold mine for China’s top bank
The Industrial and Commercial Bank of China's assets and lending double, thanks to the booming demand for trade financing.
GRGBanking signs contract with Philippines' ECTK Solution
ECTK will buy ATMs H22N/L and E300L from GRGBanking to provide service to local banks and financial institutions.
Commentary
Why high capital levels are a double-edged sword for Singapore banks