12 listed banks' property loans total 5t yuan

2010-04-21 17:23:39

Total loans extended by 12 listed banks amounted to 21.77 trillion yuan ($3.19 trillion) in 2009, with property-related loans totaling 5.28 trillion yuan, accounting for over 20 percent.

Chinese banks to test quarterly on property loans

2010-04-21 10:41:25

China's banking regulator told larger banks to conduct quarterly stress tests on property loans and ensure the risks attached to such lending is strictly controlled after the government tightened credit rules to crack down on real-estate speculation.

Banks ramping up agricultural lending this year

2010-04-21 09:12:33

Chinese banks have increased lending to support western regions, small enterprises, the agriculture sector and individual consumption, as the country tries to rebalance its economy.

China Minsheng Banking profits jump in 2009

2010-04-20 13:45:50

China Minsheng Banking Corp Ltd (CMBC), a major Chinese lender, Tuesday announced a net profit surge last year, on the back of rapid asset growth and business expansion.

ICBC board approves Zhang as vice president

2010-04-20 10:51:01

The board of Industrial and Commercial Bank of China (ICBC) on Monday passed the proposal to recruit Lee Zhang, former top Asian executive of Deutsche Bank AG, to be the bank’s vice president, the Xinmin Evening News reported.

HSBC raises China's 2010 GDP forecast to 10%

2010-04-20 10:20:19

HSBC, one of the world's largest banks, Monday upgraded its 2010 growth forecast for China to 10 percent, from its original projection of 9.5 percent, which was made this January.

Banks can refuse third-home loans

2010-04-19 07:13:43

Commercial banks will be able to refuse loans to people buying their third houses in areas suffering from soaring property prices.

Standard Chartered to expand China markets team 40%

2010-04-17 13:48:20

Standard Chartered Plc may expand its global markets team in China by 40 percent by 2012, as the nation opens its financial markets to attract foreign investors, said John Tan, head of the division.

Zhang set to join ICBC as vice-president

2010-04-16 11:05:49

Deutsche Bank AG's top Asian executive Lee Zhang is expected to join the Industrial and Commercial Bank of China (ICBC) as vice-president, sources familiar with the matter said on Thursday.

ABC hires 9 banks for initial share sale

2010-04-15 17:54:36

Agricultural Bank of China Ltd, the nation's third-largest lender by assets, hired 10 banks to arrange first-time share sales in China and Hong Kong in what may be the world's largest initial public offering.

ABC to support big agricultural firms

2010-04-15 11:54:50

Agricultural Bank of China (ABC), a leading Chinese lender, said Wednesday it had signed an agreement with the Ministry of Agriculture (MOA) to provide credit support for leading agricultural firms.

HK exchange fund's foreign assets up HK$13b

2010-04-15 11:40:40

Hong Kong's Exchange Fund's foreign assets amounted to HK$1.93 trillion ($282.74 billion) in March, up HK$13.8 billion from February, the Monetary Authority said on Wednesday.