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  • Total assets of China's banking sector at 40 trln dollars: official

    The total assets of banking institutions reached 285 trillion yuan (about 40.57 trillion U.S. dollars) at the end of the third quarter, an official with the country's top banking and insurance regulator said Tuesday.


  • Interview: AIIB's membership expansion to 100 reflects int'l community's confidence: president

    The Asian Infrastructure Investment Bank (AIIB) on Saturday further expanded its membership to 100, reflecting the international community's confidence in the multilateral institution, the bank's head has said.


  • Chinese commercial lenders' bad loan ratio stable in Q1

    Chinese commercial banks' bad loan ratio remained almost unchanged in the first quarter due to strengthened efforts from financial regulators to rein in risks, data from the banking regulator showed.


  • China's banking institutions report growing assets, liabilities

    Chinese banking institutions held 265.1 trillion yuan (about 39.4 trillion U.S. dollars) in onshore assets by the end of January, official data showed.


  • China's only rural policy bank becomes leading bonds issuer

    The Agricultural Development Bank of China (ADBC), the country's only rural policy-oriented bank, has become the third largest bonds issuer at home.


  • Fee cuts to help banks, brokerages better serve real economy

    China's banking and securities self-regulatory organizations are preparing fee cut plans to boost members' roles in serving the real economy.


  • China's Western Securities net profits down 73 pct in 2018

    Western Securities CO., Ltd. Monday announced that its net profits fell 73.4 percent year on year in 2018 amid a sustained stock market gloom.


  • China's biggest lender approved to set up wealth management unit

    China's banking and insurance regulator has given the country's largest lender the go-ahead to set up a wealth management subsidiary.


  • PSBC labeled as China's large state-owned commercial bank

    Postal Savings Bank of China (PSBC, 1658.HK) was announced to be China's sixth large state-owned commercial bank instead of postal savings bank, according to China Banking and Insurance Regulatory Commission (CBIRC) recently.


  • Banking industry in Beijing generates profits of RMB271.9 bln in 2018

    The banking industry in Beijing, capital of China, realized a profit of 271.976 billion yuan in 2018, according to Jiang Ping, an official of the banking and insurance regulator in Beijing at a press conference on Thursday.


  • Macao banks issue 1.3 mln personal credit cards by end of December 2018

    The number of personal credit cards issued by banks in China's Macao Special Administrative Region (SAR) rose to over 1.3 million by the end of December 2018, as both the credit card turnover and total repayments witnessed growth from a year ago...


  • China Merchants Bank reports over 100 mln saving accounts

    China Merchants Bank reported over 100 million saving accounts, the first domestic joint-stock bank to reach that threshold.


  • Risks of banking and insurance in Shanghai generally controllable, officials say

    The current risks of the banking and insurance industry in Shanghai are generally controllable, but the economic and financial situation is still complicated, said officials of the CBIRC Shanghai Office at a recent conference.


  • China Merchants Bank expects profit rise 15 pct in 2018

    China Merchants Bank, one of the largest lenders in China, reported rapid profit growth last year with better asset quality.


  • China's rural policy bank supports forestry sector with loans

    China's rural policy bank has issued loans of 40.5 billion yuan (about 6 billion U.S. dollars) to help the country's forestry sector.


  • Property loan growth slows in China in 2018

    China's outstanding yuan-denominated loans to the property sector grew at a slower pace in 2018 as government curbs continued, data from the central bank showed.


  • China Everbright Group total assets rise in 2018

    Total assets of China Everbright Group rose to 4.8 trillion yuan (around 710 billion U.S. dollars) at the end of last year, president of the group Li Xiaopeng said.


  • China's bank-card consumer confidence edges down

    China's consumer confidence declined slightly in December on a month-on-month basis, according to an index released Monday.


  • Loans of Chinese banks up 12.6 percent in 2018

    China's banking institutions saw an increase in total assets in 2018, with a rapid increase in loans, the country's top banking regulator said.


  • Bank of China Chicago seeks to localize operation in U.S.

    Bank of China (BOC) has provided job opportunities and boosted local economy by energetically localizing its operation in the United States, general manager of BOC Chicago Branch has said.


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