china: news and opinion

Profit of China's small, mid-sized commercial banks up 53% in 2008

Small and medium-sized commercial banks' profit totaled 125.2 billion yuan (18.3 billion U.S. dollars) in 2008, up 53 percent year-on-year, the China Banking Regulatory Commission said on its website Tuesday. These banks' non-performing loan ratio... ...full story at People's Daily

from People's Daily on Tue, Mar 17 2009

see also:


23 Mar 08		Patriot Radio News Hour - March 18,2008:Helicopter Ben ! pt2 » YouTube videoChina Increases Bank Reserve Ratio to Cool Inflation March 18 (Bloomberg) -- China told banks to set aside more reserves for the second time this year, hours after Premier Wen Jiabao said the government will take ``forceful'' steps to damp inflation at...
11 Jan 09		China allows small-, mid-sized banks larger lending room to support economy » People's Daily China's small- and mid-sized commercial banks will be allowed bigger room in lending, the country's banking regulator said here Saturday in its latest effort to ease credit for the slowed economy. The loan-deposit ratio of small- and mid-sized...
26 Feb 09		Chinese banks profit up 30.6% in 2008 » People's Daily China's banking industry reported 583.4 billion yuan (85.79 billion U.S. dollars) of after-tax profit in 2008, up 30.6 percent, said China Banking Regulatory Commission (CBRC) Thursday. CBRC chairman Liu Mingkang released the figure at a press...
29 Oct 09		NPL ratio of commercial banks in China down » People's Daily Non-performing loans (NPL) of commercial banks in China dropped to 504.5 billion yuan at the end of September, which was 55.8 billion yuan less than the number at the beginning of this year, China's banking regulator said on Thursday. The NPL...
15 Mar 08		Smaller China banks' bad loan rate below that of big banks in 2007 » People's Daily The non-performing loan (NPL) ratio of small and mid-sized lenders averaged 2.45 percent last year, financial regulators said on Thursday, as they urged local banks to improve risk controls amid rising market uncertainties. The figu ...
26 Feb 08		Top banks lend 100 bln yuan in 2007 for green projects » People's Daily China's top five banks offered loans of more than 100 billion yuan (14.08 billion U.S. dollars) last year to support companies' environmental plans, the top banking regulator said on Tuesday. The China Banking Regulatory Commission ...

« Today's Stories