Search For "chinese bank"
Chinese banks to provide USD 2.3 bln to Pakistan 'within days' under loan
Updated : 3 years, 11 months ago IST
Islamabad [Pakistan], June 23 (ANI): To cope up with country's dwindling cash reserves, loan of USD 2.3 billion from a Chinese consortium of banks to Pakistan is expected within a "couple of days".
Read More
Chinese banks under scrutiny for opaque interconnectedness of financial fi
Updated : 3 years, 11 months ago IST
Washington [US], June 22 (ANI): The resilience of the Chinese banking system has come under scrutiny in recent years as there are indications that Beijing wants more control over its economy.
Read More
Pak PM directs country's State Bank to hold meet with Chinese banks for tr
Updated : 4 years ago IST
Islamabad [Pakistan], June 6 (ANI): Amidst Pakistan's failure to address the financial issues concerning the CPEC projects, Prime Minister Shehbaz Sharif has directed the country's State Bank to hold meetings with the Chinese banks for bilateral trade using China's Renminbi (RMB) and Paki
Read More
Chinese banks to refinance Pakistan with USD 2.3 billion funding
Updated : 4 years ago IST
Islamabad [Pakistan], June 2 (ANI): China on Thursday agreed to refinance Pakistan with USD 2.3 billion worth of funds amid the dwindling foreign exchange reserves of the country.
Read More
Chinese banks fail to comply with FATF regulations
Updated : 4 years, 3 months ago IST
Beijing [China], February 11 (ANI): Notwithstanding dominance of Chinese banks in the global banking listing, they are failing to comply with the regulations of host countries as well as the Financial Action Task Force (FATF), especially anti-money laundering (AML) controls as they venture a
Read More
Chinese Bank accused of misusing USD 438 mln of enterprise client's money
Updated : 4 years, 7 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.
Read More
Chinese bank to review USD 6 bn loan for Pakistan's ML-1 railway project
Updated : 5 years, 1 month ago IST
Beijing [China], April 24 (ANI): The Chinese government has sent Pakistan's first modern railways' infrastructure project -- Main Line-1 (ML-1) -- to the Exim Bank of China for approval of a USD 6 billion loan.
Read More
Potential US sanctions loom over banks with China connections: Fitch
Updated : 5 years, 8 months ago IST
London [UK], September 25 (ANI): Chinese banks and international non-US banks with connections to China could become ensnared in processes leading to US sanctions, Fitch Ratings has said in a new report.
Read More
Chinese banks' profit decline to worsen in H2: Fitch Ratings
Updated : 5 years, 9 months ago IST
Hong Kong/Shanghai, September 4 (ANI): The fall in Chinese banks' profits will accelerate in the second half of current calendar year as authorities target to more than double the amount of non-performing loans (NPLs) resolved compared with the first half of the year, Fitch Ratings has said.
Read More
Stable outlook for Chinese banks balances deteriorating operating environm
Updated : 6 years, 8 months ago IST
Hong Kong, Oct 9 (ANI): The operating environment for Chinese banks is deteriorating as the escalating trade tensions with the United States will add further pressure to the country's economic growth, Moody's Investors Service said in a new report released on Wednesday.
Read More
Beijing on brink of economic collapse, warns Chinese bank chief
Updated : 8 years, 7 months ago IST
Beijing [China], November 11 (ANI): Zhou Xiaochuan, the governor of China's central bank - the People's Bank of China (PBOC), has warned that China's financial system is becoming more vulnerable due to high levels of leverage, or borrowing.
Read More
Trump reverses U.S. policy on China
Updated : 8 years, 9 months ago IST
New York [U.S.], June 30 (ANI) President Donald Trump's honeymoon period with Chinese President Xi Jinping has ended abruptly as U.S. has entered into a $1.4 billion arms sale deal to Taiwan, labeled China one of the world's worst human traffickers and imposed sanctions on a Chines
Read More