China

China’s Big Four banks have less and less to cheer about as the year stumbles on.

The story was revealed during the China ATMs 2012.

The souring Chinese economy continues to dent the bottom line of Chinese banks.

ICBC Bill Department has processed outright inter-bank discount of bills to a total of over RMB 100 billion or US$ 15.887 billion in 2011. Nearly 70% cash generated was for SMEs.

Mainland Chinese will soon be seeing much more of HSBC.

The lowly depositor has taken one small step towards getting more respect from Chinese banks.

ICBC Leasing has provided equipment leasing service for 300+ SMEs with credit facility totaling over RMB 5 billion in 2011.

ICBC registered over US$158.7 billion or RMB 1 trillion in cross-border RMB business by end-2011.

ICBC Beijing branch's total outstanding small business loans grew more than 60% to nearly RMB 15 billion by end-2011.

Fear of inflation is keeping bank lending in check in a big way.

China's "Big 4" banks extended about US$50.8 million of new loans in January, reports China Securities Journal.

Regulators are inclined to give Chinese banks more time to meet tougher capital rules requirements.

Citigroup, Inc. has become the first western bank and the second foreign bank permitted to issue its own credit card brand in China. It is the world’s largest issuer of credit cards.

The Multi-Function Cash Recycler H68NL works with Palm Vein Biometric Solution and Video Analyzer Tool.

China’s Premier and Vice Premier want banks to keep veering away from speculators and instead support the real economy.

China’s deposits are slowing down which may force banks to raise more money.