Tuesday, May 18, 2021
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Tag: ICBC

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...

Online Finance is Changing the Role of China’s Physical Banks

As mobile and online banking platforms surge in popularity, Chinese lenders are changing the nature and staff structure of their branch operations. China's leading banks are already abuzz with talk of...

Residential Property Loans Set to Ease in 2017

Senior figures from China's big four banks have flagged a marked easing in residential property loans this year after the sector went on a spree in 2016. Based on...

Growth in NPL’s Amongst China’s Big Four Banks Eases

China’s big four banks are pursuing concerted measures to reduce non-performing loans as economic expansion eases and profit growth slows down. The latest slew of...

China’s Big Four Banks Whittle Away at Their Branches

China's big four state-owned banks are paring back on their regional branches as part of efforts to cut down on costs. Last year Agricultural Bank of...

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China’s Commercial Banks See YoY Profit Growth of 2.4% in First Quarter, NPL Ratio Eases to 1.8%

The latest official data points to modest growth in the net profits of the Chinese commercial banking sector in the first quarter...

ICBC Tops Forbes List of World’s 2000 Leading Public Companies for Ninth Consecutive Year

China biggest bank in terms of assets has once again topped the Forbes Global 2000 list of the world's leading public companies....

PBOC Undertakes 100 Billion Yuan in 1-year MLF Operations on 17 May, Rates Remain Unchanged

The People's Bank of China (PBOC) undertook 100 billion yuan in medium-term lending facility (MLF) operations on 17 May, alongside 10 billion...

Huawei Wants to Drive China’s Transformation into the World’s Digital Leader

Chinese telecoms giant Huawei has committed to a major overhaul of its cooperative partnership ecosystem as part of efforts to transform China...