S&P Global: Asia-Pacific banks debt issuance slows in Sep. ’24
Asia-Pacific banks saw a significant decline in debt issuance in September 2024, marking the lowest monthly figure…
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Chinese banks
China’s largest bank to issue 1st-ever TLAC bonds
Industrial and Commercial Bank of China (ICBC) plans to issue $4.15 billion in TLAC bonds on May 15th.
China holds rates steady despite positive economic data
China's central bank maintained its wait-and-see approach, keeping benchmark lending rates unchanged at its monthly…
Egypt plans to build Chinese industrial zone on Med
Egypt’s Minister of Industry and Trade, Ahmed Samir, discussed with his Chinese counterpart Wang Wentao, the…
Chinese banks issue $17b in whitelist loans
China's housing regulator has given the green light to 123.6 billion yuan ($17.20 billion) in development loans and…
China urges NEV industry’s response to foreign trade restrictions
China's Ministry of Commerce has issued guidelines to encourage the new energy vehicle (NEV) industry to respond…
Egypt plans to develop Hurghada airport with $300mln in Chinese funding
Egypt plans to deal with Chinese State Construction Engineering Corporation (CSCEC) to develop Hurghada…
CBE governor Hassan Abdalla invites Chinese banks to tap Egypt market
Central Bank of Egypt (CBE) Governor Hassan Abdalla has invited Chinese banks to enter the Egyptian market to help…
Three Chinese banks may face U.S. action in North Korean sanction probe
A U.S. judge has found three major Chinese banks in contempt for refusing to comply with subpoenas in a probe into…
Trump appears to grant China banks sanctions reprieve after U.N. deal
Trump's administration appears to be granting Chinese banks dealing with North Korea a temporary reprieve from…
NBE To Receive US$ 80 Mln Loans From Chinese Banks Next January
The National Bank of Egypt (NBE) currently conducts negotiations with a number of Chinese banks to receive loans…
China’s Central Bank Likely To Play It Safe
A surprise slowdown in lending by Chinese banks in October could be evidence that China is preparing to lean into…
Chinese Banks To Comply With Basel III Accord In Jan. 2013
China on Wednesday decided to put its lenders under the regulatory supervision within the Basel III framework -- a…
China’s ICBC, Citic Group Violated Rules
The Industrial Bank of China (ICBC) and Citic Group Corp. have violated several financial regulations in their…
World Bank Lowers China Forecast
The World Bank cut its economic growth forecast for China this year to 8.2 percent on Wednesday and urged the…
China Central Bank Cuts Banks’ Reserves
China's central bank cut the amount of cash that banks must hold as reserves on Saturday, pumping out more funds…
China Repo Rate Drops
China's seven-day repo rate edged lower on Monday following a signal from the central bank that it will maintain…
Central Bank of China To Widen Channels For Capital Outflows
China will widen channels for capital outflows and work toward making the yuan convertible on the capital account,…
Bank of China Q1 Growth Slows
Bank of China (601988.SS), the country's No.3 lender by market value, posted on Thursday a near 10 percent rise in…
4 Chinese Banks Lend 300 Bln Yuan In March
China's big four state banks extended almost 300 billion yuan ($47.50 billion) in new local-currency loans last…
China Construction Bank Profit Rises 25.5 %
China Construction Bank, one of China's four major state-owned lenders, says its 2011 profit rose 25.5% despite…
China banks’ 2011 profits hit new high, growth slows
Profits of Chinese banks reached a record high of 1.04 trillion yuan ($165.10 billion) in 2011, marking an increase…