Chinese banks bad loan ratio goes up in Q2 ?
Chinese banks bad loan ratio has increased by 1.5 per cent at the end of June, 0.11 per cent higher than March with the value of outstanding non- performance loans went up by USD 17.6 billion, the communist giant's banking regulator said.
Aug 10, 2015, 21:04 PM IST
HSBC subsidiary announces sale of 10% stake in Chinese bank
Hang Seng Bank, a Hong Kong-based subsidiary of British banking giant HSBC, on Tuesday announced the sale of a 10 percent stake in China`s Industrial Bank in a transaction that could be worth $4.74 billion.
May 12, 2015, 22:35 PM IST
China bank says operations `normal` as chief reportedly taken away
China Minsheng Bank said Saturday that its operations were "normal" following reports that its president had been taken away to aid in a corruption investigation.
Jan 31, 2015, 14:43 PM IST
Fake Chinese bank cheats depositors of $32 mn
A rural cooperative posing as a bank cheated more than 200 unwitting depositors of USD 32 million, promising higher returns on their deposits in eastern China.
Jan 23, 2015, 16:33 PM IST
