China

The lender was able to keep its bad loan ratio flat at 1.49%.

A tightening lending environment may cause property sales to plummet.

The cut aims to encourage banks to move from WMPs to deposit funding.

The bank has business coverage across 60 of 70 B&R markets.

IFRS 9 will support Beijing’s bid to curb credit growth and balance sheet consolidation.

Reserve requirement ratio for big commercial banks will be lowered from 17% to 16%.

Foreign investors are rushing into the country to purchase its NPLs.

It accounted for 31.4% of CCB’s total loans and 81.7% of personal loans.

This may help Beijing curb growing shadow banking activity.

He reveals how the bank specialises in China-Europe network connectivity.

The bank is keen on serving customers in Guangdong and Hong Kong in particular.

ICBC, CCB, and ABC achieved the strongest expansion in net interest income.

Issuance of negotiable certificates of deposit ballooned to $68b in Q1.

This is now an inflection point for foreign asset managers as China vows to allow foreign players to take controlling stakes and operate domestically in the private securities fund management (PFM) and even mutual fund management markets.

Net interest margin expanded 2.36% as credit card loans and consumption loans performed strongly.

Claims on the corporate sector represent 36% of loans.