Agricultural Bank of China
Major Chinese banks cut high-yield deposit products to ease margin pressure
The shorter-term deposit products carry interest rates of around 1.2% to 1.8%
China’s largest banks report steady profits, but margins shrink
The banks have successfully expanded their fee-based income
China banks cut deposit rates to aid margins, drive spending
The country’s prolonged property crisis, deflationary pressure and worries about unemployment are weighing on confidence among households
China’s Big Five banks post slimmer margins as economic challenges persist
For all banks, non-performing loan ratios remain steady or fall slightly
China to start bank recapitalisation with at least 400 billion yuan
CHINA plans to start re-capitalising several of its biggest banks in coming months, according to people familiar with the matter, following through on a broad stimulus package unveiled last year to sh...
China’s big banks post rise in Q3 profits, squeeze on NIM
CHINA’S largest lenders posted a rise in third-quarter profits on Wednesday (Oct 30), although margins were slimmer for some.
China’s top banks to tweak mortgage rates to boost housing market
SIX of China’s biggest banks said they would tweak interest rates on existing mortgages following a request to lower them from Beijing’s central bank, state media said on Monday (Sep 30), as the count...
China to boost capital at mega banks for first time in a decade
CHINA is planning to recapitalise its biggest commercial lenders for the first time in more than a decade, seeking to strengthen the industry battling with record low margins, sinking profits and risi...
China’s mega banks deliver on dividend pressure as profits fall
CHINA’S biggest lenders heeded calls from regulators to boost dividends and support markets even as earnings are under pressure from falling interest rates.
China banks become surprise winners of frenzied hunt for yield
Much of the demand is part of a frenzy for high dividend-yielding assets in a year marked by economic malaise and a clouded investment outlook