Friday, October 30, 2020
Tags China Construction Bank

Tag: China Construction Bank

China’s Big Five Banks Post 965bn Yuan in Profits, NPL Ratio Decline in 2017

The 2017 performance results for China's big five banks point to robust profits and an across the board decline in non-performing loan ratios. On 29...

Big Chinese Banks Expand into New Zealand with Political Board Appointments

Three of China's biggest state-owned lenders have established a presence in New Zealand by currying favour with leading political figures. China Construction Bank has just...

China Construction Bank Incurs Fine for Lax Laundering Controls

One of China's big four state-owned banks has received a multi-million dollar fine in South Africa for failure to implement sufficient measures for the...

Regulatory Crackdown Helps China’s Big Four Banks Beat Profit Expectations

All of China's big four state-owned banks have posted second quarter profits ahead of consensus estimates, as an ongoing regulatory crackdown raises interbank funding...

Exposure of Listed Lenders to Property Sector Exceeds 20 Trillion Yuan

The total value of housing-related loans made by 25 of China's A-share banks is reportedly in excess of 20 trillion yuan (USD$2.9 trillion). China Securities Journal reports...

Big State-owned Lenders Top Credit Card Issuance

The big state-owned banks continue to dominate the Chinese credit card market, despite faster issuance growth amongst commercial lenders. The 2016 annual reports for a total of 11...

Chinese Banks Post Robust Growth Rebound

The 2016 performance results for 25 of China's A-share banks point to a strong rebound in growth following a protracted slow spell on the back of narrowing...

Big Five Banks Dominate Chinese Property Lending, NPL’s Under 1%

New data indicates that the overwhelming majority of China's home loans are held by the country's big five banks, and that their non-performing ratio is below 1%. 21st Century...

Big Banks Vie for a Piece of Xiongan New District

Leading financial institutions are competing for footholds in the Xiongan New District, an urban area which is set to be three times the size of New...

CCTV Host Bristles Over Penalty Rate on CCB Credit Card

  A prominent Chinese television host has sought to draw attention to what he considers to be unfair credit card practices on the part of the...

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Anhui Province Undertakes Trial Scheme for SME Emergency Loans to Enteprises Affected by COVID-19 and Flooding

The inland Chinese province of Anhui has announced the start of a trial scheme for the provision of emergency loans to local...

ByteDance Establishes Artificial Intelligence Subsidiary in Fujian Province

ByteDance, the company behind social media giant TikTok, has just established a tech subsidiary in Fujian province whose business scope includes artificial...

Alibaba Unveils Plan for Greater Digitisation of Cross-border Trade

Chinese e-commerce giant Alibaba has unveiled an ambitious new plans to support the use of e-commerce by small businesses.

Lending to Private Enterprise Increases 5.4 Trillion Yuan During Jan – Sep Period: CBIRC

The latest data from the China Banking and Insurance Regulatory Commission (CBIRC) points to a sizeable increase in lending to private enterprises...