China Construction Bank
China’s largest banks report steady profits, but margins shrink
The banks have successfully expanded their fee-based income
China banks amped up 72 trillion yuan bond bet just as market peaked
It comes at a risky time as the nation’s bond market is about to wipe out this year’s advance
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
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
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 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...
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.
China banks become surprise winners of frenzied hunt for yield
Much of the demand is part of a frenzy for high dividend-yielding assets in a year marked by economic malaise and a clouded investment outlook
China’s CCB cuts pay of headquarters staff by at least 10%: sources
CHINA Construction Bank Corp (CCB), the nation’s second-largest commercial bank by assets, has asked employees at its headquarters to take a pay cut of at least 10 per cent, two sources with knowledge...
