China banks look overseas for more capital amid mounting bad loans at home
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
CHINESE banks, already the largest issuers of bonds to build capital buffers, are looking beyond the savings of the nation's 1.4 billion people for more funds as they grapple with mounting bad loans.
The nation's banks may account for about half of at least US$100 billion in dollar notes sold by Asian lenders to meet new capital rules over three to five years, according to Barclays Plc.
Share with us your feedback on BT's products and services
TRENDING NOW
Ministry of Home Affairs Permanent Secretary Pang Kin Keong to retire
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result