China

Chinese banks' wealth management units greenlit to buy shares

It aims to boost market confidence amidst a cooling economy.

Chinese banks' wealth management units greenlit to buy shares

It aims to boost market confidence amidst a cooling economy.

Chinese bank loan growth to hit 13.8% in 2019

The non-financial corporate segment will drive lending gains.

China's explosive wealth boom triggers private bank hiring spree

Homegrown and international banks are aggressively hiring.

Chart of the Week: Retail deliquencies add to Chinese banks' bad loan problem

Lenders have been growing their retail units in chase of higher yields.

Small Chinese banks struggle to strike balance between curbing risk and lending

Megabanks have easier access to funding and have more stable asset quality.

UOB unveils new headquarters in Shanghai

UOB Plaza is the first office building owned by a foreign bank in the Lujiazui Financial District.

Banks are putting up a fight against China's tech titans

Although the amount of nonbank third-party payment skyrocketed 480% from 2014-2017, mobile payments by banks rose by 798% over the same period.

ICBC weathers bad loan crunch in Q3

NPL ratio dropped by 3bp YoY to 1.53%.

Chinese banks' profit rally cut short as loans turn sour

The pressure on asset quality will be heavier in 2019.

Chinese banks new loans hit $199.05b in September

The central bank’s lending stimulus appears to be paying off.

Chinese banks speed up half-year bad loan disposals

Their non-performing loan ratios have dropped to 1.53% in June.

Chinese banks new loans crashes to $186b in August as credit crunch hits SMEs

Banks have been shunning riskier corporates over consumer loans.