According to the first-half earnings results of six of China’s largest state-owned banks, mortgage issuance slowed and their proportion of industry loan balance and personal mortgage loan balance generally dropping below the regulatory safety line. Three reasons were cited in the lenders’ financial...
According to the first-half earnings results of six of China’s largest state-owned banks, mortgage issuance slowed and their proportion of industry loan balance and personal mortgage loan balance generally dropping below the regulatory safety line. Three reasons were cited in the lenders’ financial...
Four of China’s largest state-owned banks—China Construction Bank Corp, Bank of China, Agricultural Bank of China, and Industrial and Commercial Bank of China—announced Saturday plans to reduce existing mortgage rates effective 25 October. The banks will cut rates by at least 30 basis points...
Four of China’s largest state-owned banks—China Construction Bank Corp, Bank of China, Agricultural Bank of China, and Industrial and Commercial Bank of China—announced Saturday plans to reduce existing mortgage rates effective 25 October. The banks will cut rates by at least 30 basis points...
This article makes a contribution to the ongoing discussion of how to explain this empirical finding by analyzing the sources of the high profitability of big Chinese state-owned banks. Using the methodology of an international peer group financial indicator analysis combined with a simple regression ...
This big drop-off is a good symbol of the myriad forces that are currently buffeting Chinese state-owned banks. Chinese banks, more than at any time in the past twenty years, are in the eye of a very big storm. A quick look at the forces they are dealing with right now is daunting...
The Agricultural Bank of China is one of the country’s “Big Four” state-owned banks, which collectively represent the four largest banking institutions in the world. The manager of the bank’s Digital Yuan Innovation Lab, Zou Hua, said the ATM rollout was part of efforts to guide citizen...
Currently, the overall residential mortgage assets in China are of high quality and stability, with the non-performing rate remaining low, according to the Bank of Communications. China's five state-owned banks are the Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of...
China’s largest banks are preparing to cut interest rates on existing mortgages and deposits, the latest state-directed measures to shore up growth in the world’s second-largest economy. The big state-owned banks are working on reducing rates on the majority of the nation’s 38.6 trillion ...
asset managers to resolve risks and improve the performance of the so-called "national team" — a group of State-backed financial institutions acting as a stabilizer of the stock market — to better perform its role, while igniting hopes of potential mergers among relevant investment banks. ...