Search For "china bank"
Chinese company to print Nepal's 100-rupee notes featuring disputed territ
Updated : 1 year, 4 months ago IST
The Nepal Rastra Bank (NRB) has entrusted a Chinese company to print 300 million copies of Nepali rupee 100-denomination banknotes featuring the revised political map that shows the controversial territories of Lipulekh, Limpiyadhura and Kalapani.
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China's state-run banks reduce interest rates on deposits: Report
Updated : 2 years, 9 months ago IST
Six commercial banks have announced that they have reduced the rate for demand deposits from 0.25 per cent to 0.2 per cent. The banks have reduced the interest rates on deposits covering a fixed period of time.
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China's real estate sector poses 'large risks' to shadow bank lending: Moo
Updated : 3 years, 5 months ago IST
Singapore, September 28 (ANI): China's property sector still poses "large risks" to shadow bank lending amid ongoing liquidity stress, despite the falling proportion of shadow banking in the industry, Moody's Investors Service said.
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China announces 234 arrests in provincial banking scam
Updated : 3 years, 6 months ago IST
Zhengzhou [China], August 30 (ANI): Chinese authorities have announced the arrests of 234 people involved in the financial scandal surrounding several rural banks in Henan province, local media reported on Monday.
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Real estate crisis in China can inflict bigger economic blow
Updated : 3 years, 7 months ago IST
Beijing [China], August 14 (ANI): The real estate slump in China has sucked in both banks and provincial governments, threatening a bigger impact on the world's second-largest economy, according to media report.
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Chinese banks might lose over USD 300 billion
Updated : 3 years, 7 months ago IST
Beijing [China], August 2 (ANI): Chinese banks might lose over USD 300 billion as the country continues to grapple with an economic slowdown and a housing crisis increasing the lack of confidence in the financial system among citizens.
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Henan protest exposes China's 'biggest bank scam'
Updated : 3 years, 7 months ago IST
Beijing [China], July 30 (ANI): The recent protest in Henan by people who were denied access to their accounts exposed China's "biggest bank scam".
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Chinese financial watchdog official faces probe amid law violations
Updated : 3 years, 7 months ago IST
Zhengzhou [China], July 24 (ANI): A senior official, Li Huanting, who worked under the Chinese financial watchdog's provincial bureau is facing a probe for serious law violations, a local media report said.
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China scrambles to defuse anger over frozen bank accounts
Updated : 3 years, 7 months ago IST
Hong Kong, July 18 (ANI): To address rising public anger over frozen deposits at some rural banks in the country, the Chinese bank regulator has pledged to boost capital buffers for thousands of small banks which are facing worsening balance sheets amid a weak economy and a slump in the prop
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China bank protesters win promise of repayments
Updated : 3 years, 8 months ago IST
Beijing [China], July 12 (ANI): Following protests by ban depositors that caught the eye of national and international media, Chinese authorities in the central Henan province have promised to start paying back first on behalf of several rural banks funds of some clients that had been frozen
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Chinese Bank accused of misusing USD 438 mln of enterprise client's money
Updated : 4 years, 4 months ago IST
Beijing [China], October 28 (ANI): China Bohai Bank, a national joint-stock commercial bank, has been accused of secretly using a client's USD 438 million in deposits as collateral.
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China banks' profit revival falters as lenders sucked in bad debt provisio
Updated : 4 years, 10 months ago IST
Hong Kong, May 11 (ANI): China banks' profit revival falters as country's largest lenders get sucked into further support for ailing parts of the economy and struggling state-owned companies (bad debts), despite a broad recovery from the coronavirus pandemic.
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