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Interest rate wars unlikely as China frees bank deposit rates

Interest rate wars unlikely as China frees bank deposit rates

2015-10-26 21:20

China gave domestic banks to set their deposit rates, but analysts said there will not be a race to raise interest rates to win over savers.

Chinese banks assets, liabilities grow

Chinese banks' assets, liabilities grow

2015-10-26 18:35

Total assets and liabilities of Chinese banking institutions increased in September.

Ningbo Containerized Freight Index makes its debut on Baltic Exchange

Ningbo Containerized Freight Index makes its debut on Baltic Exchange

2015-10-26 15:47

Ningbo Containerized Freight Index (NCFI)has made its debut on the London-headquartered Baltic Exchange last Friday.

China banks wealth management products shrink in July.-Sept.

China banks' wealth management products shrink in July.-Sept.

2015-10-26 14:23

Wealth management products (WMPs) offered by banks in China in the three months through September declined either by issuance or by yields.

China to remove cap on all deposit rates on Saturday

China to remove cap on all deposit rates on Saturday

2015-10-23 21:31

The People's Bank of China announced on Friday night that it will scrap the ceiling limits on all deposit interest rates, effective from Saturday.

PBOC: Small loan companies see new yuan lending at RMB7.6bln in Q1-Q3

PBOC: Small loan companies see new yuan lending at RMB7.6bln in Q1-Q3

2015-10-23 21:30

China's small loan companies saw new yuan lending reach 7.6 billion in the first three quarters of 2015.

Chinas financial institutions see outstanding loan up 15.4pct o-y by Sept.

China's financial institutions see outstanding loan up 15.4pct o-y by Sept.

2015-10-23 21:27

China's financial institutions saw outstanding loans amount to 92.13 trillion yuan by the end of September, up 15.4 percent year on year.

CIRC repeals penalty on Sinatay Insurance

CIRC repeals penalty on Sinatay Insurance

2015-10-23 16:39

China Insurance Regulatory Commission (CIRC) Thursday announced a withdrawal of the penalty on Sinatay Insurance.

Jiangsu releases Chinas first local P2P charging standard

Jiangsu releases China's first local P2P charging standard

2015-10-23 11:31

The Internet Financial Association of Jiangsu Province is soliciting public comments on China's first local guideline on P2P charging standards.

China Development Bank opens representative office in London

China Development Bank opens representative office in London

2015-10-23 10:08

China Development Bank opened a representative office in London on Thursday.

China Jan.-Sept. insurance premiums up 19.5pct y-o-y to RMB1.9 trln

China Jan.-Sept. insurance premiums up 19.5pct y-o-y to RMB1.9 trln

2015-10-22 20:20

Chinese insurance companies saw their premium income increase 19.5 percent yoy in the first nine months of the year to 1.90415 trillion yuan.

Bank of Jilin signs cooperation agreement with KEB Hana Bank

Bank of Jilin signs cooperation agreement with KEB Hana Bank

2015-10-22 15:59

Bank of Jilin and KEB Hana Bank (Indonesia) have signed a strategic cooperation agreement.

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