Bank of China
China banks pressured by rising loan losses, low margins
Overall, the 5 biggest banks set aside allowances for losses on loans of 3.5 trillion yuan in the first half
GuocoLand secures S$619.3 million green loan for River Valley Green development
This project adds to the company’s expanding pipeline of green-certified developments
Former central bank deputy governor to head Bank of China: sources
[BEIJING] China will appoint financial veteran Liu Guiping as chairman of Bank of China (BOC), the nation’s fourth-largest state-owned bank, two sources with knowledge of the matter said.
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
One Raffles Quay inks S$1.13 billion sustainability-linked loan from DBS, other banks
The office complex will work towards meeting targets such as reducing energy and water usage by 20-29%
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...
