China has no timetable to liberalise deposit rates

2011-02-21 15:37:35

China has not yet set a timetable for allowing bank deposit rates to be set by market forces, Reuters reported Monday, citing the country's top banking regulator Liu Mingkang.

China may force banks to plan in case of financial crisis

2011-02-21 13:28:33

China's banking regulator plans to require lenders to set up procedures to allow them to restore their finances in the event of a crisis, Bloomberg News reported Monday, citing a person with knowledge of the matter.

China's Everbright Bank plans H-share IPO

2011-02-21 09:17:59

China Everbright Bank will issue no more than 12 billion shares in Hong Kong, the bank announced Sunday.

Chinese banks' capital adequacy improves in Q4

2011-02-19 11:32:36

China's banking regulator on Friday said the country's commercial banks had improved their capital adequacy at the end of last year.

Regulator asks banks to back agriculture, water facilities

2011-02-19 11:23:52

China's banking regulator has asked banks to guarantee credit support for grain production and water projects this year, it said in a statement on its website Friday.

BOC to launch securities sale, repurchase facilities in HK

2011-02-19 11:19:11

Bank of China (Hong Kong) will launch securities sale and repurchase facilities to RMB-participating bankson Feb 21.

Bank reserve requirements raised

2011-02-19 09:11:28

Banks' required reserves were raised by 50 basis points on Friday and further interest rate rises to tackle inflation were not ruled out by Zhou Xiaochuan, governor of the People's Bank of China.

Banks told to be cautious with external credit ratings

2011-02-18 10:47:34

China's banks should be cautious in using external credit ratings when providing loans to companies, the country's banking regulator said Thursday.

ABC, PSB in post-financing agreement

2011-02-17 14:54:22

Russia's Promsvyazbank (PSB) and the Agricultural Bank of China (ABC) signed a post-financing agreement here on Wednesday, pledging to further expand cooperation.

ICBC to support China's publishing industry

2011-02-17 13:51:29

The Industrial and Commercial Bank of China (ICBC) Wednesday agreed to loan at least 60 billion yuan ($9.1 billion) to China's press and publication sector over the next five years.

CBRC warns banks against credit risks

2011-02-16 15:56:34

China's banking regulator has told banks to control new lending to local governments, and closely monitor the health of property developers, the official Shanghai Securities News reported on Wednesday.

CDB outstanding forex loans hit $141.3b

2011-02-16 14:52:06

China Development Bank said Wednesday its outstanding foreign-exchange loans totaled $141.3 billion at the end of last year.