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  • Chinese commercial banks see profits up 3.2 pct in 2023

    China's commercial banks reported a profit growth of 3.2 percent in 2023, data from the banking regulator showed on Wednesday.

    February22,2024


  • China's commercial banks see stable credit asset quality

    China's commercial banks saw their non-performing loan (NPL) ratio drop 0.01 percentage points to 1.61 percent at the end of the third quarter from the previous one, official data showed.

    November16,2023


  • Update: China's big lenders to lower rates on existing first-home loans

    China's four state-owned commercial banks announced Thursday that they will cut interest rates on existing mortgages for first-home loans.

    September08,2023


  • China's big lenders to lower rates on existing first-home loans

    China's four state-owned commercial banks announced Thursday that they will cut interest rates on existing mortgages for first-home loans.

    September07,2023


  • China's commercial banks see decline in bad loan ratio in Q1

    The non-performing loan ratio of China's commercial banks fell to 1.62 percent by the end of the first quarter (Q1) of this year, with the quality of these banks' credit assets generally stable, official data showed.

    May22,2023


  • 【Financial Str. Release】China unveils rules to enhance risk management of commercial banks

    Commercial banks in China are to encounter a new set of measures for classification of their financial asset risks as from July 1, 2023, reported Xinhua Finance on February 11.

    February13,2023


  • 【Financial Str. Release】China optimizes non-capital bonds issuance procedures for commercial banks to better serve the economy

    China cancelled recently administrative approval requirements for non-capital bonds issuance by commercial banks to boost related financing and economic growth, reported Xinhua-run Shanghai Securities News on Wednesday.

    September28,2022


  • China's commercial banks set for 10 pct profit growth in 2021: report

    Chinese commercial banks are likely to see their profits grow by around 10 percent in 2021, the Bank of China Research Institute has forecast in a report.

    December03,2021


  • 【Financial Str. Release】Profits of China's commercial banks up 11.5 pct in first three quarters

    China's commercial banks raked in total net profits of 1.7 trillion yuan (about 265.9 billion U.S. dollars) in the Jan.-Sept. period, up 11.5 percent year on year, data from the country's top banking and insurance regulator showed.

    November18,2021


  • China bans fixed-term deposits for banks via third-party Internet platforms

    Commercial banks in China have been barred from conducting fixed-term deposit and term-current optional deposit business on third-party Internet platforms, according to a regulation published Friday.

    January18,2021


  • China releases revised performance evaluation rules for commercial banks

    China's Ministry of Finance has issued revised performance evaluation rules for commercial banks.

    January05,2021


  • ​China's commercial banks see stable operation in H1

    China's commercial banks maintained overall stable operation in the first half of this year despite falling profitability, the Xinhua-run China Securities Journal reported.

    August24,2020


  • Open banking established by 65 pct of commercial banks: report

    Open banking services have been launched by 65 percent of commercial banks worldwide, the National Internet Finance Association of China (NIFA) said in its latest report.

    February03,2020


  • Commercial banks in China speeds up digitalization

    Commercial banks in China are accelerating the pace of digitalization amid their efforts into building unified big data platform, recruiting talents, improving online channels and offline services, told a report released last Friday.

    October22,2019


  • Commercial banks hail stable profit growth in H1, CBIRC

    China's commercial banks saw their profit grow steadily in the first half of 2019, up 6.5 percent year on year to 1.13 trillion yuan, showed data publicized by China Banking and Insurance Regulatory Commission (CBIRC) on Monday.

    August13,2019


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