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Uneasy Outlook Ahead for Banks
Dec 8, 2015Listed lenders from China may see zero or negligible profit growth next year, with some likely to incur marginal losses, a new report said on Monday. The nonperforming loans ratio, which measures bad loans as a percentage of total loans, ...
Tags: Uneasy Outlook, loans ratio
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Performance of China's Financial Leasing Industry Has Been Mixed
Mar 9, 2015As China's financial environment has deteriorated, the performance of its financial leasing industry has been mixed. Financial leasing companies associated with banks have continued to receive adequate liquidity, especially because banks ...
Tags: Bank, Financial Leasing Industry
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China to Encourage The Development of Green Companies and Industries
Jan 22, 2015A guideline has been issued by The China Banking Regulatory Commission to encourage greater allocation of bank loans to companies and industries involving in environmental protection, and energy-efficiency projects. The future projects that ...
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Mizuho Corporate Bank Gained Regulatory Approval to Expand Registered Capital by 3 Billion
Oct 18, 2013Mizuho Corporate Bank (China), Ltd., a wholly-owned subsidiary of Japanese commercial lender Mizuho Corporate Bank, Ltd., has gained regulatory approval to expand registered capital by CNY 3 billion. People in the know disclosed in an ...
Tags: bank, economy, Registered Capital
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MoF Planned to Allow Local Governments to Issue Local Treasury Bonds
Sep 24, 2013China is said to be weighing a plan to allow local governments to issue local treasury bonds. Sources said recently that the Ministry of Finance (MoF) planned to allow local governments to issue local treasury bonds, an effort to ease ...
Tags: local treasury bonds, economy
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In The China Market, B2C and C2C Online Shopping Totaled CNY754.2 Billion in 1H13
Aug 22, 2013In the China market, B2C and C2C online shopping totaled CNY754.2 billion (US$122 billion) in first-half 2013, hiking 47.3% on year, according to China e-Business Research Center (CBRC). CBRC estimates the transaction value for the entire ...
Tags: Online Shopping, China Market
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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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Jiangsu Is Said to Establish a Province-Level Asset Management Firm
May 23, 2013Jiangsu, a coastal province in east China, is said to establish a province-level asset management firm. People close to Jiangsu Guolian Development (Group) Co., Ltd., a solely-owned state investment platform of the province, confirmed the ...
Tags: jiangsu, Province-Level ABC
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Chinese Banks Fuel Expansion Overseas in Succession Due to a Profit Slowdown
May 10, 2013Chinese banks fuel expansion overseas in succession due to a profit slowdown rooted from the domestic economic downturn. For an example, Bank of Communications (BoCom, SEHK: 3328 and SHSE: 601328), the fifth-biggest commercial lender ...
Tags: economy, China Banks, Fueling Expansion
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FSC May Ease Restrictions on Qualified Domestic Institutional Investors
Dec 24, 2012Taipei, Sept. 11, 2012 (CENS)--To attract more mainland Chinese investments to Taiwan, the Financial Supervisory Commission (FSC) may ease restrictions on qualified domestic institutional investors (QDIIs) from China to invest in Taiwan's ...
Tags: Taiwan, mainland Chinese, investments, FSC
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The Cross-Taiwan Strait Financial Exchanges Will Reach a New Level
Nov 27, 2012Taipei, Nov. 21, 2012 (CENS)--The cross-Taiwan Strait financial exchanges will reach a new level, as Shan Fulin, chairman of China Banking Regulatory Commission (CBRC), is set to visit Taiwan by the end of this year. Guo Shuqing, chairman ...
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FSC and CBRC Will Sign Memorandum of Cooperation
Sep 7, 2012Taipei,Sept.7,2012--The Financial Supervisory Commission(FSC)and the China Banking Regulatory Commission(CBRC)will sign memorandum of cooperation for"offshore discretionary-account wealth-management operation,"allowing China's banking ...
Tags: FSC, CBRC, QFII, cross-Taiwan Strait, stock, investment