Banks China’s ICBC posts 3.8% rise in Q3 net profit Nada Ali Oct 30, 2024 0 Industrial and Commercial Bank of China Ltd (ICBC), the world's largest commercial lender, reported a 3.8 per cent…
Banks CI affirms ICBC’s ratings with stable outlook – report Nada Ali Aug 28, 2024 0 CI Raings affirmed the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR)…
Banks URGENT: Bank of China President Liu Jin resigns Nada Ali Aug 25, 2024 0 Bank of China (BOC) announced on Sunday that Vice Chairman and President Liu Jin has resigned for personal reasons.
International News Saudi’s PIF signs $50b deals with Chinese financial institutions Nada Ali Aug 1, 2024 0 Saudi Arabia's Public Investment Fund (PIF) signed six MoUs worth $50 billion with top Chinese financial…
Banks China’s biggest banks issue first loss-absorbing debt Nada Ali May 16, 2024 0 China's leading banks have taken a significant step towards meeting international financial regulations by issuing…
Banks China’s largest bank to issue 1st-ever TLAC bonds Nada Ali May 12, 2024 0 Industrial and Commercial Bank of China (ICBC) plans to issue $4.15 billion in TLAC bonds on May 15th.
Banks China’s banks face $900b bill to meet global bailout rules Nada Ali May 7, 2024 0 China's five largest lenders must raise nearly $900 billion in special debt by 2028 to comply with international…
Africa News Zambia in talks to restructure $3.3b of commercial debt Aya Anwar Apr 3, 2024 0 Zambia is in talks to restructure $3.3 billion of commercial debt, following a recent agreement with overseas…
MENA News Saudi Arabia plans to raise $11bln syndicated loan Nada Ali Sep 17, 2023 0 Saudi Arabia's Ministry of Finance has appointed Industrial and Commercial Bank of China Ltd (ICBC) as coordinator…