Chinese banks reported a net forex settlement deficit of 31 billion yuan (about 4.36 billion U.S. dollars) in December, official data showed on Monday.

January16,2024

China's commercial banks saw a net forex settlement deficit of 106.2 billion yuan (about 14.8 billion U.S. dollars) in July, data showed Tuesday.

August16,2023

China's banks saw a net forex settlement surplus of 3.3 billion U.S. dollars in May, the country's forex regulator said on Thursday.

June16,2023

China's banking sector lent 2.64 trillion yuan (371.83 billion U.S. dollars) to property developers from January to October, official data showed on Thursday.

November25,2022

China's commercial banks reported a net forex settlement surplus of 84.3 billion U.S. dollars in the first seven months of the year, the country's forex regulator said Monday.

August16,2022

Chinese banks saw a net foreign exchange purchase last month, data from the country's forex regulator showed Friday.

April24,2022

China's five major state-owned banks have adopted a slew of measures to ease the residential mortgage burden for individual borrowers affected by the COVID-19 epidemic.

April08,2022

Chinese commercial banks posted a declining bad loan ratio at the end of November 2021, official data showed.

January10,2022

China's banks saw a net forex settlement surplus of 88.4 billion yuan (13.6 billion U.S. dollars) in August, the country's forex regulator said Friday.

September18,2021

Chinese banks saw foreign exchange (forex) settlement surplus last month, data from the country's forex regulator showed Friday.

April25,2021

Chinese banks saw a net foreign exchange purchase in 2020 as the yuan's exchange rate remained generally stable despite increasing fluctuations, data from the country's forex regulator showed Friday.

January22,2021

China has seen 21 banks set up wealth management subsidiaries, 19 of which have been operational, said Zhou Gengqiang, deputy secretary-general of the China Banking Association.

November30,2020

China's commercial banks saw a net forex settlement surplus of 26.9 billion yuan (about 4 billion U.S. dollars) in September, the country's forex regulator said on Friday.

October23,2020

Chinese banks, in particular large lenders, have been leveraging financial technology (fintech) to propel their digital transformation, reported China Securities Journal Wednesday.

September16,2020

China's commercial banks saw a net forex settlement surplus of 553.1 billion yuan (about 78.6 billion U.S. dollars) in the first half this year, the country's forex regulator said Friday.

July17,2020

Eight Chinese banks have been fined up to 17.7 million yuan (about 2.5 million U.S. dollars) by the country's top banking regulator as authorities moved to tighten supervision over financial data reporting.

May14,2020

Postal Savings Bank of China (PSBC), one of China's major state-owned lenders, posted a double-digit net profit growth in the first half of 2019 as its retail banking and intermediary business expanded.

August21,2019