Search For "china banks"
China's state-run banks reduce interest rates on deposits: Report
Updated : 2 years, 11 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, 8 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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Real estate crisis in China can inflict bigger economic blow
Updated : 3 years, 9 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, 9 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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China banks' profit revival falters as lenders sucked in bad debt provisio
Updated : 5 years 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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