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Bank lending over 500b yuan in Feb: Report

2011-03-10 15:49:13

China's banks might extend over 500 billion yuan ($76 billion) worth of new loans in February, the China Securities Journal reported Thursday.

CDB to finance Indian telecom operator

2011-03-10 11:15:46

Indian private-owned leading telecom operator Reliance Communications Wednesday said that it had signed the final document to tap $1.93 billion loans from Chinese lender China Development Bank (CDB).

BOC to see double-digit loan growth

2011-03-10 11:08:38

Bank of China, one of the country's top four lenders, expected to grow its loan business at a double digit rate this year, its chairman said Wednesday.

China scraps punitive reserves for some banks

2011-03-09 10:19:21

China has reversed punitive reserve requirements imposed on several banks after getting them to rein in their lending, two sources told Reuters on Tuesday, an indication of success in a crucial part of the government's campaign to control inflation.

HSBC may relocate to HK

2011-03-08 13:56:34

Europe's biggest bank HSBC Holdings Plc may be planning to move its headquarters from London to Hong Kong. 

More loans for key industries

2011-03-07 16:57:18

The Industrial and Commercial Bank of China will double its lending to China's new strategic industries.

Banking on plastic to pay bills bit by bit

2011-03-07 13:16:32

Now that China's annual shopping spree is over, commercial banks have embarked on big promotional campaigns in order to maximize their profits. 

China to cut bank loans to local govts

2011-03-07 10:04:54

China is cutting the size of outstanding bank loans to local government financing vehicles, Liu Mingkang, the head of China's bank regulatory body, was quoted as saying on Monday.

Chinese banks forex surplus jumps 32.8% in January: SAFE

2011-03-04 15:18:49

China's foreign exchange regulator said Friday that more foreign currencies were sold than bought through Chinese banks in January, resulting in $68.4 billion of forex surplus in the banks for the month.

China new bank lending under 600b yuan in Feb

2011-03-04 10:30:06

Chinese banks extended less than 600 billion yuan ($91.31 billion) in new loans in February, the China Securities Journal reported on Friday quoting industry sources.

China's inter-bank bond issues up 65% in Jan

2011-03-03 17:26:13

The People's Bank of China (PBOC), the central bank, said Thursday the financial market remained stable in January this year with inter-bank bond issuance up 65 percent year-on-year.

CBRC mulls differentiated supervision policies on small firms' loans

2011-03-03 16:19:27

China will encourage banks to lend more to companies with registered capital lower than 5 million yuan ($761,000), caijing.com.cn reported late Wednesday, citing Liu Mingkang, chairman of the China Banking Regulatory Commission (CBRC).

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