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China's major national commercial banks announce plans for mortgage rate adjustment
China's six major national commercial banks have announced plans to adjust mortgage rates for existing home loans in line with the central bank's policies to stabilize the property market.
September30,2024
China's commercial banks report decrease in non-performing loans
The non-performing loan ratio of China's commercial banks came in at 1.56 percent at the end of June, down from 1.59 percent at the end of March, official data showed on Friday.
August12,2024
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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