The Business Times

Bank of Communications

Banking & Finance

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

Pedestrians walk past a branch of the Agricultural Bank of China Ltd. in Beijing, China, on Wednesday, Oct. 27, 2010. Agricultural Bank of China Ltd. is expected to announce third-quarter earnings today. Photographer: Nelson Ching/Bloomberg
Banking & Finance

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.
Banking & Finance

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

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

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

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

ICBC’s NIM down to 1.48 per cent at end-March from 1.61 per cent.
Banking & Finance

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.
Banking & Finance

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.
Banking & Finance

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

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