It seems America’s days of free lunches are drawing to a close. Today the news came out that Chinese banks have been given a directive from the CBRC (China Banking Regulatory Commission) to stop lending to American banks while the crises is still... ...full story at The China Expat
from The China Expat on Thu, Sep 25 2008
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September 4 - Foreign banks are racing into China to grab an estimated $2 trillion in personal savings.
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| 25 Sep 08 |
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China banking regulator denies report on lending ban to U.S. banks » People's Daily The China Banking Regulatory Commission (CBRC) on Thursday denied a media report in Hong Kong that it has told domestic banks to halt interbank lending to U.S. banks. "The regulator has never, through any channel, issued a statement or told... |
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CBRC denies rumor of stated-owned banks purchasing shares in Taiwan-funded banks » People's Daily On October 15, a spokesperson for the China Banking Regulatory Commission (CBRC) denied reports by some media that the CBRC has approved the China Industrial and Commercial Bank of China (ICBC) and China Construction Bank (CCB) to purchase shares in... |
| 25 Sep 09 |
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CBRC denies regulating bankers' pay » People's Daily China's banking regulator told Xinhua Thursday night it does not place limits on the pay of the country's commercial banks' top executives. The China Banking Regulatory Commission (CBRC) said it noted that some of the country's media reported the CBRC... |
| 15 May 08 |
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Chinese banks see NPL ratio fall to lowest 5.8% by end of March » People's Daily The non-performing loans (NPL) ratio of Chinese commercial banks fell to a record low in the first quarter to 5.8 percent, according to the China Banking Regulatory Commission (CBRC). The ratio was 0.38 percentage points lower than ... |
| 08 Feb 07 |
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Banking watchdog exposes billions of bogus mortgages » Xinhua Chinese banks have been providing real estate developers with illegal loans, according to an investigation by the China Banking Regulatory Commission (CBRC). |
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