Petrobras gets $10b loan from Chinese bank
2009-11-05 14:24:05
Petrobras, a Brazilian multinational energy company, signed a 10-year contract on Tuesday for a 10-billion-dollar financing from the China Development Bank Corporation, the company source confirmed Wednesday.
Bubble concern overblown as bank deposits gallop
2009-11-05 08:44:25
Surging deposits at China's biggest banks signal the country's equity and property market rallies this year are sustainable, not loan-fueled bubbles as some analysts have suggested, said Henderson Global Investors.
NPL ratio of commercial banks in China down
2009-10-30 13:27:12
Non-performing loans of commercial banks in China dropped to 504.5 billion yuan at the end of September.
Big lenders set sights on HK family banks
2009-10-30 08:10:54
Hong Kong's publicly traded family-run banks are "very likely" to be bought by larger competitors as the cost of operating in the city rises, said a senior banker.
Watchdog warns banks on rising liquidity risk
2009-10-30 08:10:54
China's top banking watchdog said yesterday that the nation's commercial lenders had maintained ample liquidity so far, but warned rising liquidity due to record lending this year could pose a risk to the banking system as a whole.
RBS aggressive in hiring best bunch
2009-10-22 08:51:27
Royal Bank of Scotland will continue to hire aggressively for its investment banking business in China.
Allianz, Amex retain ICBC stake
2009-10-21 08:26:50
Allianz SE and American Express Co plan to keep their Industrial Commercial Bank of China Ltd stakes, which have a combined value of about $3.1 billion, past a lockup on the holdings that expired yesterday.
Minsheng sees Jan-Sept net profit up 18%
2009-10-21 10:12:34
China Minsheng Banking Corp, the nation's first listed non-State-owned lender, announced Tuesday that it posted a net profit of 10.2 billion yuan in the first three quarters, up 18.11 percent year-on-year.
UnionPay launches credit card operations in Philippines
2009-10-17 10:54:55
China UnionPay (CUP), the lone national bank card payment network in China, has teamed up with Rizal Commercial Banking Corp (RCBC), one of the Philippines biggest commercial banks, to launch a credit card operations in the Philippines, RCBC said Friday.
No application for stake buy in Taiwan bank received: CBRC
2009-10-16 13:57:29
China's banking regulator said Friday that media reports saying two mainland banks had been given preliminary approval to acquire a Taiwan bank stake was just rumor.
Lending company for Citi
2009-10-15 07:55:24
Citi, the world's largest bank in terms of customers and branches, has opened its third rural lending company in Wafangdian, 100 km north of Dalian, in Liaoning province.
Bank of Ningbo to raise 5b yuan
2009-10-14 08:07:51
Zhejiang-based Bank of Ningbo Co plans to raise 5 billion yuan ($732 million) in a private placement to augment its capital base.