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  • Financial Services
    Regulatory norms for foreign banks revised2019-12-27
    China has revised the measures to implement regulations on the administration of foreign banks, in an effort to further accelerate the opening up of the country's financial sector to foreign investors.
    China's banking sector continues to expand2019-04-01
    China's banking sector continued to expand, with assets and liabilities growing in February, official data showed.
    Chinese banks' net external liabilities shrink at 2018 end2019-04-01
    The net external liabilities of China's banking sector stood at 181.2 billion U.S. dollars at the end of 2018, shrinking from one year earlier, according to data from the forex regulator.
    Bank of China launches Wealth Management Banking service in Malaysia2019-03-07
    Bank of China (BOC) Malaysia Branch launched its Wealth Management Banking Center on Wednesday, the first among the banking group's Southeast Asia's entities to do so.
    Chinese commercial banks see higher profits, lower NPL ratio2019-02-26
    The profits of Chinese commercial banks increased, while the non-performing loan (NPL) ratio declined as of the fourth quarter in 2018, data by the country's top banking regulator showed Monday.
    China reports 1st forex settlement surplus in 7 months2019-02-23
    China's commercial banks saw a net forex settlement surplus of 81.8 billion yuan, or 12.1 billion U.S. dollars, in January, official data showed.
    Report says financing services for small firms improve2019-02-21
    Chinese small and micro-sized enterprises received better financing service in the third quarter of last year as the government stepped up efforts to tackle financing difficulties for the real economy, a report showed.
    'Big five' lenders eye wealth unit potential2019-02-19
    Large State-owned commercial banks are likely to take the lead in setting up independent subsidiaries focusing on wealth management business, analysts said.
    Digital lending moves to ease financing woes2019-02-19
    China should build technological capabilities and explore digital lending options to address the financing problems of micro and small enterprises, experts said.
    China's capital market to see record-high foreign investment in 2019: report2019-02-19
    China will attract a large pour of foreign investment in 2019, as the country keeps widening foreign access to its capital market, China Securities News reported Monday.
    Funds, debt measures likely to aid firms more2019-02-18
    Analysts say new policies will continue to broaden financial channels for small and private companies this year, as policymakers look to balance responsible lending with the need to guide adequate funds into dynamic parts of the real economy.
    China's biggest lender approved to set up wealth management unit2019-02-18
    China's banking and insurance regulator has given the country's largest lender the go-ahead to set up a wealth management subsidiary.
    Rural financial institutions expanding in China2019-02-18
    China saw fast expansion of rural financial institutions last year as the country channels more financial resources to serve the countryside.
    Chinese banks named top banking brands2019-02-11
    Chinese banks' global brand presence continues to consolidate as four Chinese banks led by the Industrial and Commercial Bank of China (ICBC) are named the four most valuable banking brands this year.
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