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SPD Bank wins award of The Asian Banker
Shanghai Pudong Development Bank (SPD Bank) was awarded recently by The Asian Banker magazine for its excellent case in advancing the pilot cross-border asset management business in China's Hainan Free Trade Port.
February14,2026
Bank of China lists 500-mln-USD bond on Nasdaq Dubai
Bank of China's Dubai Branch announced on Thursday its recent issuance and listing of a three-year 500 million U.S. dollar secured overnight financing rate (SOFR) bond.
December05,2025
Guangzhou subway accepts international contactless bank cards
The metro system in Guangzhou, capital of south China's Guangdong Province, began accepting contactless payments with major international bank cards of Mastercard, American Express, Visa and JCB, on Sunday.
October13,2025
New Development Bank adds Algeria as official new member
Algeria has officially become a new member country of the BRICS New Development Bank (NDB), the bank said in a statement on its website on Thursday.
May23,2025
Bank of China reports rising revenue, profit in 2025
Bank of China, one of the country's biggest state-owned commercial banks, on Monday reported improving revenue, profit and asset quality in 2025.
March31,2026
China Development Bank ups loans for infrastructure in Q1
The China Development Bank said on Tuesday that it has issued loans totaling 369.1 billion yuan (about 51 billion U.S. dollars) for infrastructure development in the first quarter of the year.
April23,2025
Turkish branch of ICBC authorized as renminbi clearing bank
China's central bank has authorized the Turkish branch of the Industrial and Commercial Bank of China (ICBC) to serve as the renminbi clearing bank in Türkiye, according to the People's Bank of China (PBOC) on Wednesday.
July03,2025
Chinese, European central banks pledge closer cooperation
The Chinese and European central banks have pledged to enhance cooperation against the backdrop of a complex and volatile international landscape.
June13,2025
China to maintain supportive monetary policy stance: central bank
China will maintain a supportive monetary policy stance to create a favorable monetary and financial environment for stable economic growth, high-quality development, and the smooth operation of financial markets, the central bank governor said on Sunday.
March23,2026
Foreign banks tap opportunities in Chinese companies' overseas businesses
Foreign banks in Beijing have supported Chinese enterprises in conducting businesses abroad, sharing in the benefits of the growth of Chinese companies, said the Beijing branch of the National Financial Regulatory Administration.
December15,2025
Central banks of China, Egypt vow to deepen financial cooperation
The People's Bank of China (PBOC), China's central bank, said Friday that it signed a memorandum of understanding with the Central Bank of Egypt on Thursday, under which the two sides will strengthen bilateral financial cooperation, promote settlement in local currencies, and collaborate in the areas of central bank digital currencies and digital innovation.
July11,2025
How to use your bank card to ride Chengdu Metro
Starting July 28, international travelers can use Visa, Mastercard, Amex, and UnionPay to ride the Chengdu Metro. Just tap and go. Multi-language support and bilingual service counters make your trip even easier.
July30,2025
Bank of China promotes RMB's global use at London roadshow
Bank of China on Monday hosted a roadshow in London to promote the global use of the renminbi (RMB), as officials, financiers and policymakers from China and Britain explore new ways to deepen cross-border financial cooperation.
October21,2025
Guilin Bank pioneers use of digital RMB in individuals' border trade
Guilin Bank has recently achieved the first application of digital RMB in individuals' border trade at Dongxing Port in Fangchenggang City, south China's Guangxi Zhuang Autonomous Region.
October14,2025
New Development Bank signs loan agreement for sustainable projects in Shanghai
The New Development Bank (NDB) signed a loan agreement with Shanghai Rural Commercial Bank (SHRCB) for the Greener Shanghai Project on Thursday, providing the equivalent of 100 million U.S. dollars in five-year RMB funding to support the city's sustainable development projects.
January23,2026
China's central bank to enhance financial services to boost consumption
A customer (L) tries gold jewelry at a shopping mall in Nantong City, east China's Jiangsu Province, May 3, 2025. (Photo by Z...
May12,2025
Agricultural Bank of China reports stronger lending, higher profit in 2025
Agricultural Bank of China, one of the country's biggest state-owned commercial banks, on Monday reported stronger lending and higher profit and revenue in 2025.
March31,2026
Banking sector empowers foreign trade enterprises to explore new potentials
Recent data from the General Administration of Customs shows that China's total imports and exports of goods reached 21.79 trillion yuan (about 3.05 trillion U.S. dollars) in the first half of 2025, up 2.9 percent from the previous year. Experts believe that the steady growth of foreign trade is inseparable from the strong support of finance.
July17,2025
Bank of China Türkiye offers 2.9-bln-yuan loan to Turkish Airlines
Bank of China (BOC) Türkiye has extended a five-year loan worth 2.9 billion yuan (about 412 million U.S. dollars) to Turkish Airlines to support the flag carrier's development projects, the bank announced on Tuesday.
October29,2025
China's central bank conducts reverse repos
China's central bank conducted 196.5 billion yuan (about 27.99 billion U.S. dollars) of 14-day reverse repos at an interest rate of 1.85 percent Wednesday.
September25,2024
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