Pakistan takes USD 500 million loan from China
Pakistan has contracted another foreign commercial loan of USD 500 million from the Industrial and Commercial Bank of China (ICBC) to shore up its depleting reserves.
Feb 17, 2018, 13:25 PM IST
HDFC among world's top 10 consumer financial services firms
Mortgage lender HDFC Ltd has been ranked among the world's ten biggest and most powerful companies in the consumer financial services sector on a Forbes list topped by global major American Express.
May 27, 2016, 16:06 PM IST
Chinese banks freeze North Korean accounts: Report
Chinese banks including a branch of China`s biggest bank Industrial and Commercial Bank of China (ICBC) have frozen accounts belonging to North Koreans, a South Korean newspaper reported on Monday.
Feb 22, 2016, 15:48 PM IST
Chinese banks bears brunt of economic slowdown
Bad loans have continued to increase due the economic headwinds.
Oct 31, 2015, 20:01 PM IST
Cashing out: Millions 'disappear from China bank accounts'
A businesswoman deposited the equivalent of almost USD 2 million at a branch of China's largest bank but only USD 20 remained after most of it was transferred without her authorisation, state media reported.
May 19, 2015, 23:24 PM IST
Airtel clinches $2.5 billion Chinese financing deals
Bharti Airtel on Saturday said it has received financing commitments of up to USD 2.5 billion from China Development Bank and Industrial and Commercial Bank of China, with an average maturity of about nine years.
May 16, 2015, 11:53 AM IST
China banks' bad loans surge, credit crunch could spread west
Bank of Communications Co Ltd (BoCom) and Industrial and Commercial Bank of China (ICBC) reported their biggest quarterly increase in bad loan levels in two years as China`s economic slowdown stretched more companies` ability to repay debts.
Oct 30, 2014, 10:05 AM IST
