Chinese Banks
Chinese banks inflating loan numbers amid struggle to meet govt demands
Some state-owned Chinese banks are extending loans to companies and then allowing them to deposit funds at the same interest rate
 "Chinese banks inflating loan numbers amid struggle to meet govt demands")
China hits 'liquidity trap' as low lending rates fail to spur bank loans
China's Central bank data showed a sharp slowdown in aggregate financing, a broad measure of credit, in July, as new loans and corporate bond issuance weakened
 "China hits 'liquidity trap' as low lending rates fail to spur bank loans")
Chinese banks to provide $2.3 bn to Pak 'within days' under loan agreement
To cope up with country's dwindling cash reserves, loan of $2.3 billion from a Chinese consortium of banks to Pakistan is expected within a "couple of days"
 "Chinese banks to provide $2.3 bn to Pak 'within days' under loan agreement")
Chinese banks overflow with cash that nobody wants to borrow amid lockdowns
Struggling to find enough clients, banks have been swapping bills with each other just so they can meet regulatory requirements for corporate lending
 "Chinese banks overflow with cash that nobody wants to borrow amid lockdowns")
Chinese lenders dominate APAC bank rankings with 22 in the top-50 list
India's ICICI Bank, at 50th spot, among newest additions to the compilation, which also has SBI (22) and HDFC Bank (44)
 "Chinese lenders dominate APAC bank rankings with 22 in the top-50 list")
China's bank regulator warns of rising bad loans due to uneven recovery
Chinese banks are facing the threat of rising bad loans in the future as the current economic recovery is unbalanced and lacks a solid foundation
 "China's bank regulator warns of rising bad loans due to uneven recovery")
China orders Alipay, banks not to assist cryptocurrency trading
Bitcoin declines to two-week low and ether falls 13% as crackdown widens
 "China orders Alipay, banks not to assist cryptocurrency trading")
China's central bank asks major lenders to curtail credit growth this year
Lending the same amount this year would bring the outstanding balance to about 192 trillion yuan
Database reveals secrets of China's loans to developing nations, says study
The terms of China's loan deals with developing countries are unusually secretive and require borrowers to prioritise repayment of Chinese state-owned banks ahead of other creditors, a study showed
 "Database reveals secrets of China's loans to developing nations, says study")
China's bad loan season descends again and this time it may be really bad
The debt of local government financing vehicles and property developers are looking precarious while several trust investment firms are on shaky ground
 "China's bad loan season descends again and this time it may be really bad")
Chinese banks to feel fund-raising pain as investors fear bad loans
Chinese banks are expected to face headwinds raising funds next year as profit-conscious investors cling to the sidelines, expecting a wave of bad loans to hammer the sector and erode margins
 "Chinese banks to feel fund-raising pain as investors fear bad loans")
New China rules require non-bank companies to apply for licences
Raises scrutiny ahead of Ant IPO
 "New China rules require non-bank companies to apply for licences")
China's big banks brace for lagging coronavirus risks as bad loans rise
Four of China's five largest state-owned banks said they have increased their provisions against bad debt to brace for future losses due to the impact of the global coronavirus pandemic
 "China's big banks brace for lagging coronavirus risks as bad loans rise")
China's mega banks post worst profit slump in a decade on bad debt wave
Pressured by the government to lend to businesses, loans and advances at the four big banks rose between 7% and 10% in the first half, even though bad debt surged
 "China's mega banks post worst profit slump in a decade on bad debt wave")
China's battered banks brace for future loss as bad loans rise due to Covid
As the pandemic batters economies globally, BoC, the most international of China's large state banks, said it would keep guarding against global financial market risks in the second half
China's mega banks hire tens of thousands in latest rescue mission
The four biggest state banks, led by Industrial & Commercial Bank of China Ltd., this month kicked off their autumn campus hiring, instead of in November as in previous years
 "China's mega banks hire tens of thousands in latest rescue mission")
Chinese banks to post first H1 profit drop in a decade amid pandemic pain
The big five state banks including Industrial and Commercial Bank of China, China Construction Bank, and Bank of China kick off their earnings season on Aug 28
 "Chinese banks to post first H1 profit drop in a decade amid pandemic pain")
Chinese Banks may get Rs 7,000 cr from RCom, RTL resolution plan: Report
The National Company Law Tribunal (NCLT) Mumbai is scheduled to hear the resolution plan of RCOM, RTL and RITL on Friday, the source added
 "Chinese Banks may get Rs 7,000 cr from RCom, RTL resolution plan: Report")
China's new bank loans fall further, but broad credit growth quickens
Analysts polled by Reuters had predicted new yuan loans would fall to 1.20 trillion yuan in July. The new loans were lower than 1.06 trillion yuan a year earlier
Will US cut off China's access to US dollar system? Fear grips Beijing
Under this payment system, the White House can order US banks to stop processing transactions with certain individuals, institutions and countries, thus, denying them access to the US dollar payments
 "Will US cut off China's access to US dollar system? Fear grips Beijing")
