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Chinas new yuan loans rise in March

China's new yuan loans rise in March

2022-04-11 16:36

China's new yuan-denominated loans totaled 3.13 trillion yuan (about 491.8 billion U.S. dollars) in March, central bank data showed Monday.

China sees growing demand for loans in Q1: report

China sees growing demand for loans in Q1: report

2022-04-06 09:41

China's overall loan demand index in the first quarter of the year stood at 72.3 percent, up 4.6 percentage points from the fourth quarter of 2021.

Chinas listed banks improve assets quality, fend off risks in 2021

China's listed banks improve assets quality, fend off risks in 2021

2022-04-04 15:36

China's listed banks saw their bad loan ratio decline in 2021 amid enhanced efforts to fend off financial risks.

Chinas weekly coastal bulk freight index dips

China's weekly coastal bulk freight index dips

2022-04-02 10:49

SHANGHAI, April 2 (Xinhua) -- Chinas coastal bulk freight market fell in general demand in the week ending Friday, according to the Shanghai Shipping Exchange (SSE). The composite index for coastal bulk freight lost 4.3 percent week on week to 1,194.

Bank of China in Cambodia launches new function of mobile banking UnionPay QR code payment

Bank of China in Cambodia launches new function of mobile banking UnionPay QR code pay

2022-04-01 12:11

PHNOM PENH, April 1 (Xinhua) -- The Bank of China Phnom Penh Branch (BOCPP) has officially released the new function of UnionPay QR code payment for mobile banking, said its press statement on Friday. It is the first Chinese bank in Cambodia to imple

Chinas commercial banks to see net profit up 10 percent in H1: report

China's commercial banks to see net profit up 10 percent in H1: report

2022-03-31 10:32

BEIJING, March 30 (Xinhua) -- Chinas commercial banks are expected to see their net profit increase by nearly 10 percent in the first half of 2022 amid the countrys economic growth and improvement of business environment, according to a report by the

Chinas commercial banks to see net profit up 10 percent in H1: report

China's commercial banks to see net profit up 10 percent in H1: report

2022-03-30 17:00

BEIJING, March 30 (Xinhua) -- Chinas commercial banks are expected to see their net profit increase by nearly 10 percent in the first half of 2022 amid the countrys economic growth and improvement of business environment, according to a report by the

Chinas central bank conducts 150 bln yuan of reverse repos

China's central bank conducts 150 bln yuan of reverse repos

2022-03-30 13:25

BEIJING, March 30 (Xinhua) -- Chinas central bank on Wednesday conducted 150 billion yuan (about 23.6 billion U.S. dollars) of reverse repos to maintain liquidity in the banking system. The interest rate for the 7-day reverse repos was set at 2.1 per

Japan, U.S. agree to closely communicate on currency movements amid concerns over volatility, widening policy gap

Japan, U.S. agree to closely communicate on currency movements amid concerns over vola

2022-03-29 16:17

TOKYO, March 29 (Xinhua) -- Japan and the United States on Tuesday decided that currency movements would be closely monitored and communication between both sides upheld, following the yens plummet against the U.S. dollar to a more than six year low

Chinas overnight Shibor interbank rate decreases Tuesday

China's overnight Shibor interbank rate decreases Tuesday

2022-03-29 11:23

BEIJING, March 29 (Xinhua) -- The overnight Shanghai Interbank Offered Rate (Shibor), which measures the borrowing cost of Chinas interbank market, decreased 21.9 basis points to 1.727 percent Tuesday. The seven-day rate lost 4.3 basis points to 2.14

Chinas central bank conducts 150 bln yuan of reverse repos

China's central bank conducts 150 bln yuan of reverse repos

2022-03-29 11:04

BEIJING, March 29 (Xinhua) -- Chinas central bank on Tuesday conducted 150 billion yuan (about 23.57 billion U.S. dollars) of reverse repos to maintain liquidity in the banking system. The interest rate for the 7-day reverse repos was set at 2.1 perc

China conducts central bank bills swap

China conducts central bank bills swap

2022-03-29 10:52

BEIJING, March 29 (Xinhua) -- The Peoples Bank of China, or the central bank, conducted this years third central bank bills swap (CBS) operation on Tuesday to improve the liquidity of perpetual bonds issued by commercial banks. The CBS, valued at 5 b

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