Search For "industrial and commercial bank of china"
Pakistan seeks USD600 million from Chinese banks amid IMF bailout negotiat
Updated : 2 years, 6 months ago IST
The Pakistani government is actively engaged in discussions with the Industrial and Commercial Bank of China (ICBC) and the Bank of China, seeking a combined loan of USD 600 million.
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UBS China suspends funds management project after Credit Suisse deal
Updated : 3 years ago IST
The hasty acquisition of Credit Suisse in March hindered UBS's plans to grow its fund management business in China, where corporations are only allowed to hold one majority stake and one minority stake in the industry.
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Pakistan wait for nod from Gulf states to unlock IMF loan: Report
Updated : 3 years, 2 months ago IST
All eyes are now on the UAE, Qatar, and the Kingdom of Saudi Arabia (KSA) to save Pakistan's struggling economy
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China approves USD 1.3 billion rollover for cash-strapped Pakistan
Updated : 3 years, 2 months ago IST
Taking to Twitter, Pakistan Finance Minister Ishaq Dar announced, " Formalities completed [and] Chinese Bank, ICBC approved rollover of USD 1.3 billion facilities which has been repaid by Pakistan to ICBC in recent months."
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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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