More bad loan woes on way
2010-06-16 08:58:59
China's top banking regulator on Tuesday said the country would face more bad loan pressure this year and warned against growing risks embedded in lending to the property sector and local government units.
Bank regulator sees growing property risks
2010-06-15 15:30:44
China's banking regulator said it sees growing credit risks in the nation's real-estate industry and warned of increasing pressure from non-performing loans. CBRC: Some banks trying to circumvent capital requirements
CBRC: Some banks trying to circumvent capital requirements
2010-06-15 15:13:40
Some banks in China have transferred loans off their balance sheets in an effort to circumvent regulatory requirements and capital and loan-loss provisioning, the China Banking Regulatory Commission (CBRC) said Tuesday.
AgBank wins wealth funds for $23b IPO
2010-06-15 14:00:47
The Agricultural Bank of China is seeking to raise over $23 billion by listing in Hong Kong and Shanghai in what would be the world's biggest IPO, as China's banks shore up their capital base after a lending spree. Full coverage
$100m in telecom loans for Bangladesh
2010-06-15 10:50:50
The China Development Bank (CDB), the largest bank for international investment and financing in China, will provide $100 million loan to construct telecom network in Bangladesh.
Lenders, officials urged to keep tight leash on local debt units
2010-06-15 09:08:43
Chinese officials and banks must clean up their financing of local government-backed investment units under rules unveiled on Sunday, even as a top government think-tank expert said the overall situation is "far from dangerous".
ABC report sees 2011 book value up 19% to $91b
2010-06-14 16:28:46
Agricultural Bank of China (ABC), preparing for what may be the world's largest ever IPO, was given a 2011 forecast valuation of 1.57 times to 1.97 times price to book, according to one of its underwriters.
ABC may raise $15b from HK part of IPO
2010-06-14 13:38:58
Agricultural Bank of China(ABC) may raise as much as $15 billion in the Hong Kong part of what could be the world's largest initial public offering, according to an e-mail sent to investors.Temasek offers $300m to invest in ABC July IPO
China's cabinet warns over bank debt
2010-06-14 13:32:22
China's State Council, the cabinet, ordered local governments on Sunday to better manage investment agencies amid concern that their borrowings, estimated at hundreds of billions of yuan, could cause problems for Chinese banks.
Temasek offers $300m to invest in ABC July IPO
2010-06-14 10:21:57
Singapore's state investment fund Temasek plans to invest up to $300 million in the Agricultural Bank of China (ABC) ahead of its roughly $20 billion initial public offering (IPO), a source with direct knowledge of the matter said.
China to issue two batches of discount T-bonds next week
2010-06-12 13:55:11
China's Ministry of Finance said Friday it will issue two batches of short-term book-entry discount treasury bonds next week.
ABC to release prospectus on June 17: sources
2010-06-12 11:01:47
The Agricultural Bank of China (ABC) will release a formal prospectus on June 17 for its IPO and kick off the pre-road show in Beijing on the same day, China Securities Journal reported Saturday, citing unnamed sources.