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Eximbank in discussions to loan ENRC $876m

2009-10-09 08:15:51

The Export-Import Bank of China was reportedly in talks to fund Kazakh metals producer Eurasian Natural Resources Corp (ENRC) on an $876-million project to enhance its production capacity.

ABC may go in for listing in Shanghai

2009-09-29 08:19:57

Agricultural Bank of China, the only Big Four bank on the mainland that has yet to get listed, could float its shares on the Shanghai bourse as early as May or June of 2010.

ICBC buys 19.3% stake in ACL Bank at 11.5 Thai baht per share

2009-09-30 04:07:50

The Industrial and Commercial Bank of China (ICBC) announced late Tuesday it had reached an agreement with Bangkok Bank of Thailand to buy a 19.26-percent stake in Thailand's ACL Bank.

Bank sells monetary standpoint

2009-09-30 08:44:16

China pledged yesterday to stick with its "moderately loose" monetary policy to consolidate an economic recovery that is not yet solid and that is haunted by weak external demand.

CBRC denies regulating bankers' pay

2009-09-25 02:37:04

China's banking regulator told Xinhua Thursday night it does not place limits on the pay of the country's commercial banks' top executives.

Bankers show confidence in economy, banking industry

2009-09-25 11:30:28

A nationwide questionnaire of bankers released Thursday by China's central bank showed that the bankers' confidence index for macro economy and bank performance in the third quarter had continued rising.

CBRC denies regulating bankers' pay

2009-09-25 02:37:04

China's banking regulator told Xinhua Thursday night it does not place limits on the pay of the country's commercial banks' top executives.

SPDB stock dips on fund raising moves

2009-09-22 08:28:47

Share prices of Shanghai Pudong Development Bank declined yesterday after concerns that the share sale plan announced by the lender could drain money from the market.

Regulator urges banks to focus on risk management

2009-09-19 08:23:06

Worried that the rapid credit growth this year might aggravate risks for the banking sector, China's top banking watchdog on Friday reiterated that domestic lenders should enhance their risk management capacity.

Ex-Morgan Stanley banker gets 7 years in jail for insider dealing

2009-09-19 13:20:41

Former Morgan Stanley Asia Managing Director Du Jun was sentenced to seven years in jail and fined HK$23.3 million ($3 million) for insider dealing at a district court in Hong Kong on Friday.

China calls on banks to reduce loan risk

2009-09-19 22:49:42

China's bank regulator has called on banks to improve their internal risk management following a surge of new loans in the first eight months of this year, a notice on the agency's Web site said.

Macao banks' lending to SME up 19.7% in H1

2009-09-18 04:02:51

New SME (Small and Medium-sized Enterprises) credit limit approved by Macao banks in the first six months of 2009 increased by 19.7 percent over the second half of last year to 6.2 billion patacas ($785 million), according to official figures Thursday.

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