Search Results for 'Chinese'

Chinese bank opens in Mumbai

Industrial and Commercial Bank of China (ICBC), the world's largest banks in terms of profit, market capitalisation and customer deposits, on Thursday opened its first branch in Mumbai. Initially, the bank, whose total assets stood at [...]

Posted On : Sep, 16 2011 | Comments : 0

First Chinese bank to operate from August 18

Despite growing trade relations there has been no direct financial or banking link between the two countries that have over 50 years of friendship. National Bank opened a branch in China few years back but the trade people say it was not [...]

Posted On : Aug, 17 2011 | Comments : 0

Chinese banks average CAR 12.2 pct at end-2010

The core capital adequacy ratio with Chinese banks rose an average 0.9 percentage point to 10.1 percent at the end of last year, CBRC added. According to CBRC rules, top lenders such as Industrial & Commercial Bank of China (60 [...]

Posted On : Feb, 18 2011 | Comments : 0

Chinese banks hike lending rates 10-45%

Some Chinese banks have hiked interest rates on loans by as much as 45 percent in a drastic move to rein in credit growth after a lending surge this month, state media reported Wednesday. State-owned banks had handed out 1.2 trillio [...]

Posted On : Jan, 26 2011 | Comments : 0

Chinese banks still lending to developers

China's largest banks have not stopped making new loans to property developers but are keeping such loans at low levels, executives from some of the lenders said yesterday to refute a report in a state-run newspaper. Chinese ban [...]

Posted On : Nov, 16 2010 | Comments : 0

Chinese banks find their credit in high demand

China's state-owned banks have become a main engine of the global recovery, financing the construction of copper mines, purchase of airplanes, expansion of retail stores and other projects even as their U.S. and European counterparts scale [...]

Posted On : Jan, 02 2010 | Comments : 0

Foreign companies pushed to allow Chinese unions

Some of the world's biggest corporations are facing intense pressure from China to allow state-approved unions to form in their Chinese facilities, though many companies fear that admitting the unions will give their Chinese employees the p [...]