China
Chinese banks to be more cautious in issuing wealth management products in 2017
Banks have already issued RMB 26.4t as of 2Q16.
Chinese banks to be more cautious in issuing wealth management products in 2017
Banks have already issued RMB 26.4t as of 2Q16.
Check out how Chinese banks use social media
They normally use social networks in 4 phases.
Chart of the Week: Check out how China's shadow banking lending is rising rapidly
Overall stock of total social financing grew 13.3% in November.
Will Chinese banks continue to shift towards investment banking?
Investment would expand from 27% to 30% of total assets in 2016.
Shadow credit in China surges to US$69b in November
It was only US$7.9b in October.
How will the slowing buildup in corporate leverage affect Asia Pacific banks?
Deleveraging efforts increases risks to banks' asset quality.
HSBC launches US$290m lending scheme in China
It's to finance startups in Guangdong.
Chinese banks struggling with heightened risks
No thanks to the shadow banking system having assets equal to 82% of GDP.
Chart of the Week: Chinese banks' NPL ratio and credit costs edge up as at end-September 2016
NPL ratio reached 1.76%.
3 factors that will pressure Chinese banks' profits in 2017
Rising credit costs is one.
3 'powerful' trends emerging amongst Chinese banks
Loan-for-bond swaps added around US$868b to banks' investment books.
Chinese banks warned of asset quality shocks as market for wealth management products expands
Around US$2.9t worth of WMPs are off-balance sheet at end-1H16.
Chart of the Week: China's shadow banking size doubled in the last five years
Borrowers relying on such financing could be at risk of a credit crunch.
Chinese banks still struggling with compliance
Bloomberg says the Agricultural Bank of China's recent $215m fine is proof.
Bank of East Asia (China) appoints Cartier Lam Chi-man as executive director & chief executive
He succeeds Mr. Kwan Tat-cheong
Chart of the Week: Consumer debt financed by Chinese banks amount to USD2.6t at end-2015
Consumer debts comprise 24.4% of Chinese banks' loans.
Chart of the Week: Check out which countries are suffering from the highest NPL ratios
Distressed eurozone countries are the worst hit.