Bank of Communications

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

The banks have successfully expanded their fee-based income

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 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.

The banks have typically relied on so-called additional Tier-1 and Tier-2 bonds in recent years to replenish capital.

China megabanks kick off 60 billion yuan loss-absorbing bond sales

TWO of China’s biggest state banks will sell a combined 60 billion yuan (S$11.2 billion) of total loss-absorbing capacity (TLAC) bonds starting this week, the first such debt sales by Chinese lenders ...

ICBC's net income fell 2.78 per cent to 87.7 billion yuan (S$16.5 billion) in the first quarter.

China’s mega banks post rare profit drops on margin squeeze

INDUSTRIAL & Commercial Bank of China (ICBC), the nation’s largest lender, reported its first decline in quarterly profit in more than a year as margins continue to contract.

BoCom booked a net profit of 24.99 billion yuan (S$4.7 billion) in the three months ended March.

China’s Bank of Communications Q1 profit rises 1.44%

CHINA’S Bank of Communications (BoCom), reported a 1.44 per cent rise in first-quarter net profit amid a slowing economy.

To plug a capital shortfall, the five Chinese largest lenders this year have announced plans to issue as much as 440 billion yuan of TLAC bonds in total, with issuance of the bonds could be as soon as the second quarter this year.

China’s top lenders face 1.6 trillion yuan loss-absorbing capital shortfall by 2025, Fitch estimates

CHINA’S five globally systemically important banks would have a shortfall in their total loss absorption capital (TLAC) of 1.6 trillion yuan (S$301 billion) by January 2025, Fitch Ratings estimates, i...