China to float 32.5b yuan in book-entry T-bonds Thursday
2011-05-12 09:15:53
China's Ministry of Finance (MOF) said on Wednesday it will float 32.52 billion yuan ($5.01 billion) in seven-year book-entry treasury bonds starting Thursday.
New yuan lending 'still very high'
2011-05-12 09:00:26
China's new yuan lending in April stood at 739.6 billion yuan ($113.8 billion), 8.8 percent higher than that in March, despite frequent moves to mop up liquidity and curb inflation, according to data released by the central bank on Wednesday.
CDB lends 90b yuan to rebuild Sichuan quake zone
2011-05-11 16:43:59
China Development Bank, one of the three policy banks in China, said on Wednesday that by the end of last month, it had issued 90.3 billion yuan ($13.89 billion) to rebuild areas hit by a devastating earthquake in southwest China's Sichuan province in 2008.
China to continue prudent monetary policy
2011-05-11 16:26:38
China will continue to implement a prudent monetary policy, a People’s Bank of China (PBOC) official told China Business News on Tuesday.
Bank of China OKed for 32b yuan of subordinate debt
2011-05-11 14:35:16
The Bank of China has now received regulatory approval to issue up to 32 billion yuan ($4.9 billion) worth of subordinate debt to improve its capital structure.
Hang Seng eyes banking services for business growth
2011-05-11 13:16:24
Hang Seng Bank Ltd expects that wealth management and yuan-denominated trade settlement services in will continue to drive its business in China, after reporting strong earnings for 2010.
CCB raises minimum down payment in Zhejiang
2011-05-11 13:12:00
Home buyers in some parts of China are starting to face increasing mortgage requirements as Chinese state-owned commercial banks are setting higher requirements as part of the new moves to tighten real estate credit.
BOC loses out in bonds sales
2011-05-11 10:10:59
Chinese underwriters are losing out to international banks in a record year for issuance of yuan-denominated bonds in Hong Kong. That's as companies seek arrangers that are able to attract the most global investors.
CBRC stresses shadow banking risks
2011-05-10 13:36:28
China's banking regulator said Monday that it would step up supervision over loans granted by different institutions and strengthen prevention against risks in the shadow banking system since credit risks are "still severe."
HSBC Q1 net profit $4.15b
2011-05-10 10:52:47
HSBC released its Interim Management Statement (IMS) on Monday stating that its net profit in the first quarter of this year was $4.15 billion, up 58 percent year-on-year, resulting in basic earnings per ordinary share of 23 cents, up 53 percent.
Bank of China taps Cambodian market
2011-05-09 10:19:34
Bank of China has officially begun its branch in Cambodia on Saturday, and its Phnom Penh Branch is the first lender from China in the country and is the Kingdom's 30th commercial bank.
Bank of China to launch Cambodian branch
2011-05-07 16:20:04
The Bank of China pledges to bridge closer economic ties between the two countries, said the visiting Yue Yi, vice-president of Bank of China, on Friday.