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Interview: China is at center of our business, says Standard Chartered Bank Group CEO
China remains a key focus for Standard Chartered Bank and the group's overall commitment to the country has only increased, said Bill Winters, group CEO of the banking corporation, in a recent interview with Xinhua.
October25,2024
【Financial Str. Release】China's financial institutions' assets rise in 2022
China's financial institutions saw a steady expansion in assets by the end of 2022, official data showed Wednesday.
March16,2023
China's banking, insurance sectors run in reasonable range in H1
China's banking and insurance sectors have operated within a reasonable range so far this year, the China Banking and Insurance Regulatory Commission said Thursday.
July15,2022
【Financial Str. Release】Assets of China's financial institutions up 8.7 pct
Assets of China's financial institutions rose 8.7 percent year on year to 396.39 trillion yuan (about 59.23 trillion U.S. dollars) by the end of the first quarter of this year, central bank data showed.
June20,2022
【Financial Str. Release】China's banking sector ratchets up support to boost economy
As the fallout of COVID-19 continues to weigh on the world's second-largest economy, China's banking sector has ratcheted up support measures to boost the economy, channeling funds to where they are needed the most.
May31,2022
【Financial Str. Release】Interview: China's banking and insurance sectors resilient to risks, uncertainties
China's banks and insurance institutions, which are fairly resilient to risks, intend to step up support to virus-hit sectors, an official told Xinhua.
May10,2022
Bank of Shanghai net profit up 5.54 pct in 2021
Bank of Shanghai said its net profit rose 5.54 percent in 2021 from 2020, and its operating revenue climbed 10.81 percent.
April24,2022
China's commercial banks to see net profit up 10 percent in H1: report
China's commercial banks are expected to see their net profit increase by nearly 10 percent in the first half of 2022 amid the country's economic growth and improvement of business environment, according to a report by the Bank of China (BOC).
March31,2022
Industrial Bank net profit up 24.1 pct in 2021
Industrial Bank Co., Ltd., one of China's first joint-stock commercial banks, saw its net profit up 24.1 percent year on year in 2021.
March28,2022
【Financial Str. Release】China's banking sector expected to see 10 pct profit growth in H2: report
Chinese commercial banks are likely to see their net profits grow by around 10 percent in the third and fourth quarters of 2021, boosted by the stability brought about by economic recovery, forecast the Bank of China Research Institute in a recent report.
October08,2021
China's banking, insurance sector contributes to economic recovery amid epidemic
China's banking and insurance sector has taken a slew of measures to buoy the recovery of the country's economy amid COVID-19 disruptions, an official said on Tuesday.
March03,2021
China's banking, insurance sectors to strengthen support for real economy
China's banking and insurance sectors will ramp up support for the real economy and unveil measures to prevent financial risks in 2021, the country's top banking and insurance regulator said on Wednesday.
January28,2021
China to toughen supervision of non-bank payment institutions
China's Sichuan Province saw a record-high foreign trade volume of about 808. 2 billion yuan (about 124.9 billion U.S. dollars) in 2020, registering a 19-percent growth year on year, according to a report by the customs of the provincial capital Chengdu.
January21,2021
China's factoring industry dips by 8.85 pct in 2019
China's factoring industry shrunk by 8.85 percent year on year in 2019, with total factoring volume standing at 1.75 trillion yuan (about 0.27 trillion U.S. dollars), according to a report published recently by China Banking Association (CBA).
December10,2020
Chinese banking sector's assets up in first nine months
The total assets of China's banking sector saw steady expansion in the first three quarters of the year, according to data from the country's top banking and insurance regulator.
November16,2020
Chinese banks in Singapore keep supporting BRI, despite COVID-19
Chinese banks in Singapore have continuously supported the Belt and Road Initiative (BRI), despite of the impact of Singaporean government's containment measures, such as closure of workplace premises.
October22,2020
E. China's Anhui promotes integration of banking, insurance industries into integrated dev. of Yangtze River Delta
East China's Anhui Province issued a guideline recently to promote the integration of banking and insurance industries into the integrated regional development of the Yangtze River Delta.
October19,2020
Chinese banks see rising asset custody business
China's banking industry has seen a rise in asset custody services, with banks seeking to expand the business and maintain profitability, according to the China Banking Association.
September14,2020
Bank of China sees net profit down 11.51 pct in H1
The Bank of China, one of the country's big four state-owned lenders, said its net profits plunged 11.51 percent year on year in the first half of 2020 (H1).
August31,2020
Bank of Communications net profit down 14.6 pct in H1
The Bank of Communications, one of China's largest commercial banks, posted a year-on-year net profit decline of 14.61 percent in the first half of 2020 (H1) as the COVID-19 epidemic resulted in more bad loans.
August31,2020
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