Inc. (the “Company” or “CIB Marine”) (OTCQX: CIBH), the holding company of CIBM Bank (the “Bank”), announced its unaudited results of operations and financial condition for the quarter ...

HSBC subsidiary Hang Seng Bank appointed Gilbert Lee Man-lung, the eldest son of Hong Kong Chief Executive John Lee Ka-chiu, as deputy head of its China unit. The lender said that it would promote ...

Stanbic Bank Kenya’s parent company, Standard Bank, plans to join the China interbank payment system (CIPS) by the end of 2025, hoping to tap into the growing inflow of trade and investment from ...

Chinese banks extended 3.64 trillion yuan ($500 billion) in new yuan loans in March, according to Reuters calculations based on data released by the People's Bank of China (PBOC) on Sunday.

The People’s Bank of China, said it will step up funding aid to safeguard capital markets stability, amid US President Donald Trump’s tariffs impact. (Reuters / Tingshu Wang ) China’s ...

More than a year after one of China’s biggest trust companies collapsed, hopes for a recovery in the $3.7 trillion industry are quickly fading. Zhongrong International Trust Co., which managed ...

China's central bank will not allow a significant decline of the yuan and has urged major state-owned banks to scale back U.S. dollar purchases. The order from Chinese officials comes as the yuan ...

Bank of China Ltd. reported a 2.6% increase in full-year profit as a drop in impairments helped offset pressure from falling interest rates. Net income rose to 237.8 billion yuan ($32.7 billion ...

The four banks -- China Construction Bank, Bank of China, Bank of Communications and Postal Savings Bank of China -- all opened higher on mainland exchanges. The stocks temporarily wobbled ...

Their shares rose on Monday a day after the plans were announced. Bank of China said it aims to raise up to 165 billion yuan and China Construction Bank plans private placements of up to 105 ...

(Reuters) - China's central bank will not allow sharp yuan declines and has asked major state-owned banks to reduce U.S. dollar purchases, people with direct knowledge of the matter said on Wednesday.

BEIJING/SHANGHAI, March 26 (Reuters) - Bank of China's (601988.SS), opens new tab vice president said on Wednesday that the bank's asset quality is still under pressure, as bad loans from personal ...