China CITIC Bank, a major commercial lender, has gained approval from China Banking and Insurance Regulatory Commission (CBIRC) to set up a wealth management company.

December10,2019

The Bank of China (BOC), one of China's four biggest lenders, has issued its second batch of tier-2 capital bonds totaling 30 billion yuan (about 4.27 billion U.S. dollars) to enrich its tier-2 capital.

November25,2019

The Industrial and Commercial Bank of China (ICBC), China's biggest commercial lender, reported a net profit increase of 5.8 percent in the third quarter of this year.

October28,2019

The Agricultural Bank of China, one of China's biggest state-owned commercial lenders, reported higher net profit and earnings in the first three quarters.

October28,2019

China's banking and insurance authorities have disposed of more non-performing loans during the first three quarters of this year as the country's crackdown on financial irregularities steps up.

October22,2019

China's largest commercial lender has planned an additional 2 trillion yuan (about 283 billion U.S. dollars) of financing to support the integrated development of the Yangtze River Delta region in the coming five years.

October14,2019

Profits of China's banking sector are expected to maintain steady this year, with faster growth in asset scale and ample liquidity, according to an industry report.

July15,2019

China's banking financial institutions saw an increase in total assets and liabilities, data from the country's top banking regulator showed.

April29,2019

China's economy growing faster than expected in the first quarter this year is a good sign for a recovery from its slowdown at the end of 2018, an analyst told Xinhua on Monday.

April23,2019

China Everbright Bank (CEB), a joint stock lender, has been approved to establish a subsidiary focusing on wealth management business.

April22,2019

Huaxia Bank, a mid-sized Chinese lender, reported a 5.22 percent rise in net profit in 2018, much faster than the 0.72-percent gain seen in the previous year.

April22,2019

The China Banking and Insurance Regulatory Commission (CBIRC) recently approved Changshu Rural Commercial Bank to construct China’s first investment management rural bank in Haikou, capital of south China's Hainan Province, according to Changshu Rural Commercial Bank.

April09,2019

Bank of China, one of the country's four biggest lenders, maintained steady growth in net profits last year, company data showed.

April01,2019

China Minsheng Bank (CMBC) saw net profits edge up 1.03 percent in 2018, a slower growth than in 2017, company data showed.

April01,2019

The Industrial and Commercial Bank of China (ICBC), China's biggest commercial lender, aims to increase its loans to small and micro-sized businesses by at least 100 billion yuan (about 14.9 billion U.S. dollars) this year.

April01,2019

Agricultural Bank of China, one of the "Big Four" banks in the country, will issue 132 billion yuan (19.6 billion U.S. dollars) of loans to private businesses in 2019, bank officials said Friday.

April01,2019

China's banking sector continued to expand, with assets and liabilities growing in February, official data showed.

April01,2019

Net profits of China's funds sector were mostly under-perform in 2018, according to their annual reports released recently while nothing that the net profits of funds in banking sector, however, bucked that trend and reported soaring...

March28,2019

China CITIC Bank, one of the country's leading banks, saw its net profits rise 4.57 percent year on year in 2018.

March27,2019

On average, Chinese people had more than five bank cards at the end of last year as more people in the world's second-largest economy turn to non-cash transactions, according to a report from the central bank.

March25,2019