Bank of Communications

China’s largest lenders’ first-quarter profit up over 3%, sour loan ratios steady

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

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

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

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

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

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

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

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%

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