China
Standard Chartered China gets approval for RMB3.3b loan quota
It is the first foreign bank to have been granted approval.
Guangdong opens data center for financial institutions
Fujitsu Technology Corporation builds US$29.5 million center.
Chengdu aims to become the new Hong Kong
Turns to London to jump start transformation into financial center.
Chinese financial reforms a must for GDP growth
Moody's says China must speed-up the pace of financial reform.
New anti-corruption drive in Chinese banks
Executives of state-owned banks told that ostentation is a no-no.
HSBC executes first RMB export settlement in Bangladesh
Bangladesh’s exports to China are expected to grow 12% in 2012.
CCB to do M&As abroad
Intends to become a global bank by 2015.
China to tackle renminbi convertibility
Deregulation also necessary to carry out financial reforms.
Chinese bank NPLs set new record for scariness
Total NPLs jump to US$77 billion in Q3.
China's banking and finance chiefs purged
Zhou Xiaochuan will step down as Governor of the People’s Bank of China.
Bad loans on the rise for China's banks
NPLs up for four consecutive quarters.
ICBC continues Middle East expansion
To open branches in Saudi Arabia and Kuwait, and invest in South Africa.
BOC given 3.1-B yuan credit quota
Program's total value is 50 billion yuan.
Check out how China's total social financing will reach a new record of CNY15t
The previous peak was CNY14 trillion in 2010.
Top 5 Chinese banks face challenges in interest liberalization
Very profitable despite a slowed economy.
China's new loans only reached a measly RMB505.2b in October
Blame it on lower small-business lending.