China swaps fall to 2-week low as central bank injects cash
2011-02-28 15:29:51
China's interest-rate swaps declined to the lowest level in more than two weeks on speculation the availability of cash will improve as the central bank injects money into the financial system, Bloomberg reported Monday.
New loans to rural areas assured
2011-02-25 09:36:56
China will ensure the growth of new loans to rural areas and small enterprises this year, the banking regulator said on Thursday.CBRC to lend more to rural areas, SMEs
Commonwealth Bank opens first rural branch in China
2011-02-24 17:10:59
The Commonwealth Bank of Australia has opened its first county bank branch in central China's Henan province, a key farming region, to offer lending, deposit and fee-based services to small and medium-sized businesses and business owners.
Bank of Shanghai eyes listing in 2011
2011-02-24 15:16:09
The Bank of Shanghai has submitted its listing application to the banking regulator and is targeting an initial public offering (IPO) this year, the Shanghai Securities News reported on Thursday, citing a government official.
CBRC: supervision of property-related trust businesses to continue
2011-02-24 10:05:37
The China Banking Regulatory Commission (CBRC) said on Wednesday that its supervisionary policies and requirements for loans from trust firms to property developers remain unchanged, denying media reports that it has loosened restrictions.
Private investors get bigger role
2011-02-24 09:40:53
China aims to widen the channels for private capital to tap the country's banking sector and to encourage private investors to play a bigger role in rural financial institutions, the China Banking Regulatory Commission (CBRC) said on Wednesday.
Reserve requirements raise becomes effective Thursday
2011-02-24 09:27:42
People's Bank of China, China's central bank, announced a raise in the reserve requirement ratio (RRR) by 50 basis points Feb 18. The new standard became effective Thursday, Xinhua reported.
China Eastern gets $50b yuan of financing support from CDB
2011-02-23 16:57:08
China Eastern Airlines will get financing support of 50 billion yuan ($7.60 billion) from China Development Bank over the next five years, according to an agreement signed Wednesday.
PBOC offers 10b yuan new loans to drought-hit regions
2011-02-23 15:42:53
China's central bank said Wednesday it will provide 10 billion yuan ($1.52 billion) of new loans to financial institutions in provinces severely hit by drought.
PBOC customizes reserve ratios for 40 local banks
2011-02-23 09:45:15
The People's Bank of China said it has implemented "dynamically differentiated required reserve ratios" among 40 local banks with low capital adequacy ratios and which witnessed rampant growth in lending since January. CBRC to set new rules for banking sector
CBRC to set new rules for banking sector
2011-02-23 09:18:08
The China Banking Regulatory Commission (CBRC) confirmed on Monday evening that it is drafting a slew of new rules to set tougher criteria for capital adequacy, provisions, leverage, and liquidity conditions for lenders.
CBRC to adopt new regulatory framework
2011-02-22 13:39:02
The China Banking Regulatory Commission (CBRC) is drafting a guidance document to adopt a new regulatory framework consisting of four new regulatory tools for commercial banks. The document will be released soon, said the CBRC spokesperson.