VCG. Four Chinese state-owned banks announced plans on Sunday to introduce the Ministry of Finance (MOF) as a strategic ...

The recapitalisation effort, aimed at strengthening the banks’ core tier-1 capital, follows a pledge from Chinese ...

Bank of China beat forecasts on Wednesday with a 2.6% rise in 2024 net profit, thanks to growth in trading gains and falling ...

China Construction Bank said on Friday it had completed the private deployment of a large financial model based on DeepSeek ...

Bank of China's vice president said on Wednesday that the bank's asset quality is still under pressure, as bad loans from ...

Bank of China (BoC) reported a 2.6% rise in net profit last year, according to a filing on Wednesday. Profit was 237.841 ...

Bank of China Ltd. reported a 2.6% increase in full-year profit as a drop in impairments helped offset pressure from falling ...

Four of China’s largest state banks plan a total of up to 520 billion yuan in private placements to boost core tier-1 capital, after Beijing pushed for stronger buffers for lenders to better support ...

A confidential paper trail reveals Industrial and Commercial Bank of China (Canada) failed to address repeated orders from ...

China’s central bank has tweaked the pricing for one-year loans to commercial lenders, a move seen as a fresh sign that it is ...

The Chinese central bank’s new way to price its one-year policy loans may lead to a stealth reduction in funding costs for ...

(Bloomberg) -- Bank of China Ltd. reported a 2.6% increase in full-year profit as a drop in impairments helped offset pressure from falling interest rates. Net income rose to 237.8 billion yuan ($ ...