The Business Times

Bank of China

Banking & Finance

China banks pressured by rising loan losses, low margins

This is the latest in a string of green financing initiatives the developer has tapped for its portfolio of integrated and sustainable developments.
Companies & Markets

GuocoLand secures S$619.3 million green loan for River Valley Green development

People walk past a Bank of China branch in New York City, New York, April 11, 2025.
Banking & Finance

Former central bank deputy governor to head Bank of China: sources

Chinese lenders have embarked on their deposit rate cut cycle in late 2022 with a broad-based reduction, the first since 2015, after authorities urged them to boost lending.
Banking & Finance

China banks cut deposit rates to aid margins, drive spending

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.
Banking & Finance

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

ByteDance is a major tenant at One Raffles Quay.
Companies & Markets

One Raffles Quay inks S$1.13 billion sustainability-linked loan from DBS, other banks

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.
Banking & Finance

China’s big banks post rise in Q3 profits, squeeze on NIM

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

China’s top banks to tweak mortgage rates to boost housing market

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

China to boost capital at mega banks for first time in a decade

Industrial & Commercial Bank of China (ICBC), on Aug 30 announced its first ever interim dividend as first-half profit fell 1.9 per cent to 170.5 billion yuan (S$31.4 billion).
Banking & Finance

China’s mega banks deliver on dividend pressure as profits fall

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