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%

Industrial and Commercial Bank of China (ICBC), the world’s largest bank by assets, reported a 3.29 per cent rise in third-quarter net profit.

China’s largest banks report steady profits, but margins shrink

The banks have successfully expanded their fee-based income

China's 10-year government bond yield has fallen steadily in the past few years to about 1.66 per cent, around a record low.

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

Industrial and Commercial Bank of China (ICBC), the world’s largest lender by assets, posting first-quarter profit drops of 4 per cent from a year before.

China’s Big Five banks post slimmer margins as economic challenges persist

For all banks, non-performing loan ratios remain steady or fall slightly

Enlisted to support the economy over the past few years, lenders such as Agricultural Bank and Postal Savings are now battling record low margins, sinking profits and rising bad debt.

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...

Agricultural Bank of China (AgBank) led profit gains among China’s largest lenders on Wednesday (Oct 30), posting a 5.88 percent increase in third-quarter net profit.

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.

The teetering property sector has long accounted for around a quarter of gross domestic product and experienced dazzling growth for two decades.

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...

Banks have resorted to multiple deposit rate cuts to mitigate the impact of lower loan rates.

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...

The world’s largest lender by assets, Industrial and Commercial Bank of China, has announced its first-ever interim dividend as first-half profit falls 1.9 per cent to 170.5 billion yuan.

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.

Bank earnings slated for later this month may be the next test for investors to gauge the health of the sector.

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