Thursday, 24th, 2018 | 7:21PM Updated

Nepal Banking Industry
NRB Official: Nepal Welcomes Chinese Banks Regardless of Size

People's Bank of China
China to Impose Higher Interest Rates, Following US Lead

A branch of the Bank of Nanjing, one of the banks that provide loans to property developers to support China's slowing economy.
$2 Trillion in Loans Hidden in Chinese Banks as ‘Investment Receivables’--Is There Something Amiss?

With little formalized credit history, many Chinese still rely on cash economy.
Credit Scoring Specialist ZestFinance Receives Investment from Baidu

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Chinese banks are currently seeing an increase in non-performing loans.
New Bank in Chongqing to Rehabilitate Out-of-shape Businesses

The Industrial & Commercial Bank of China (ICBC) topped the list of the world's 10 biggest banks, ahead of other U.S. banks and institutions.
China Dominates List of World’s Biggest Banks

The price of houses in Shanghai soars and so is the number of interested buyers. (Above) Nestled at the center of Shanghai are Ruijin Building, ICC, Sakura Hotel and King Albert Apartments.
CBRC Punishes Seven Banks, Mortgages Get Stalled

China has laid off hundreds of workers and closed several companies due to overcapacity in the steel industry.
China's Financial Regulators to Banks: Steel and Coal 'Zombie' Companies Should Not Be Given Financial Aid

POS Machine
Court Makes Shanghai Bank Assume Responsibility for $66,000 of Depositor Stolen via POS & ATM

According to media reports, 52 executives have left their positions in leading state-owned financial institutions.
Pay Cuts May Have Caused Departure of Bank Executives

Phishing is reportedly rampant in some major cities of China, according to an information security consultant.
Phishing in Public WiFi Connections Plagues China's Major Cities

ICBC's chairman suffered a 50-percent salary cut in 2015.
To Boost Internet Security, Chinese Banks to Issue eIDs

Vice Premier Ma Kai at the opening ceremony of the 21st APEC Small and Medium Enterprise (SME) Ministerial Meeting in Nanjing, east China’s Jiangsu Province, in September last year.
Chinese Vice Premier Urged Banks to Increase Support for Infrastructure Projects

U.S. media men agree that China can still be a great influencer over the next decade amid stock, currency and economic downtrends.
People's Bank of China Will Not Ease Prudent Monetary Policy

China’s biggest banking group said that its acquisition of Standard Bank’s London subsidiary is part of its global business drive.
ICBC Acquires 60 Percent of Standard Bank’s U.K. Business

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