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Non Performing Loans
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China Promises Further Cuts to Steel Capacity
Mar 6, 2017Numerical targets to reduce coal and steel production capacity have, for the first time, been set in the annual Chinese government work report. China will reduce steel production capacity this year by around 50 million metric tons and ...
Tags: Steel Capacity, Coal
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IMF Raises Alarm Over Djibouti's Public Debt, Budgetary Deficit
Dec 31, 2015The International Monetary Fund (IMF) on Tuesday raised alarm of Djibouti's continuing public debt and budgetary deficit. "Expenses relating to public investments have exerted considerable pressure on the budget and external debt," IMF ...
Tags: IMF, Public Debt, Budgetary Deficit
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China Central Bank Sees 2016 Growth at 6.8 Pct
Dec 17, 2015China's central bank projected its baseline forecast for 2016 growth at 6.8 percent on Wednesday, expecting the number of positive factors to gradually increase despite downward pressure on the economy. The rate is slightly lower than the ...
Tags: Central Bank, economy
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Slowdown 'May Last Longer'
Apr 29, 2015More steps necessary to reverse trend, says government think tank China may need more time to reverse the current economic downturn than previously expected, and further measures are necessary to prevent an accelerated cooling, a leading ...
Tags: economic downturn, China economy
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This Year The Eurozone Will Experience Annual GDP Growth for The First Time Since 2011
Jan 9, 2014This year the Eurozone will experience annual GDP growth for the first time since 2011, but at just 0.9% the growth will not be strong enough to support a level of uplift in financial services that will drive further economic recovery ...
Tags: Eurozone Financial Services, Business Lending, Financial Services
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CCB Will Control a 72 Percent Stake in Brazil-Based BIC
Nov 5, 2013China Construction Bank (CCB, SHSE: 601939, and SEHK: 0939), the biggest real estate and mortgage lender in the Chinese mainland, will control a 72 percent stake in Brazil-based Banco Industrial e Commercial S.A. (BIC). It said in the ...
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NPLs Held by Banks Have Increased to €1.2 Trillion
Oct 30, 2013European non-performing loans (NPLs) held by banks have increased to €1.2 trillion (up by nearly € 100 billion in 12 months) driven mainly by reported increases in Italy, Greece, Spain and Ireland, says PwC in its latest market ...
Tags: Non-Performing Loans, Service
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Aptma Has Raised Concerns Over The SBP's Hike in Interest Rate
Sep 19, 2013The All Pakistan Textile Mills Association (APTMA) has raised concerns over the State Bank of Pakistan's (SBP) move to increase the Reverse Repo (Ceiling) rate by 50 basis points, describing it as 'a blow to the industry'. According to ...
Tags: Textile
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A Dragnet in Central China's Henan Province Finally Closed in on Li Mingzhong
Jul 30, 2013After eluding police for 10 days last year, a dragnet in central China’s Henan province finally closed in on Li Mingzhong, the head of a BOC Fullerton Community Bank branch who had absconded with more than US$16 million in rural ...
Tags: Village Banks, Privatization
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China Edged Its Way Toward a Credit Crunch Last Week
Jun 27, 2013China edged its way toward a credit crunch last week, spooking investors, businesses, analysts – and perhaps more than anyone – the banks themselves. Liquidity in the country's money market appeared to suddenly dry up after a ...
Tags: Risky Economy, credit crunch
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Pakistan Textile Industry Urged Country'S Central Bank to Reduce Interest Rate to 8%
Apr 15, 2013The textile industry of Pakistan has urged the country’s central bank to reduce the interest rate to 8 percent from the current 9.5 percent. The request has been made ahead of the key policy rate announcement likely to be made ...
Tags: Textile Industry, Textile
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APTMA Has Rejected Unilateral Move Of Finalizing The Proposed Corporate Rehabilitation Act
Nov 29, 2012Chairman All Pakistan Textile Mills Association (APTMA) Mohsin Aziz has rejected unilateral move of finalizing the proposed Corporate Rehabilitation Act by the Securities & Exchange Commission of Pakistan (SECP) to juggernaut the industry ...
Tags: textile market, textile industry, textile products, textile
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Cement Manufacturers Are Ruing The Decision to Increase Capacity
Mar 8, 2012Cement manufacturers are ruing the decision to increase capacity, as the cement consumption remained stagnant in past four years. The exports are also on constant decline forcing the sector to operate at 69 percent installed capacity. A ...
Tags: market view, cement, consumption