New Development Bank to boost outreach, funding projects in local currencies2023-06-01
The New Development Bank (NDB) will expand its outreach and fund more of its projects in local currencies to support the development of emerging economies, Dilma Rousseff, the bank's president, said on Tuesday.

Experts: Yuan set to remain largely stable2023-06-01
The short-term downward pressure faced by the Chinese currency does not point to further depreciation space in light of China's economic recovery pace, experts said.

Young investors make mark in personal wealth management2023-05-30
Thirty-one-year-old Tang Xinyi deems herself a "veteran investor". She has reasons for that declaration - she dived into the capital market upon graduating from the university by buying some money market products. Now, she has been managing her personal wealth for nearly eight years.

China's commercial banks see decline in bad loan ratio in Q12023-05-22
The non-performing loan ratio of China's commercial banks fell to 1.62 percent by the end of the first quarter (Q1) of this year, with the quality of these banks' credit assets generally stable, official data showed.

Key banks' deposit rate cuts expected to bolster real economy2023-05-16
Recent cuts to time deposit interest rates by a number of commercial banks in China are expected to boost banks' lending capacity and spur growth of the real economy, experts said.

China's yuan loans grow by 718.8 bln yuan in April2023-05-12
China's yuan-denominated loans rose by 718.8 billion yuan (104.02 billion U.S. dollars) in April, central bank data showed on Thursday.

China's insurance asset management association registers product scale of over 155 bln yuan2023-05-02
The value of products registered by the Insurance Asset Management Association of China, an organization serving the country's insurance asset management industry, hit 155.19 billion yuan (about 22.41 billion U.S. dollars) in the first quarter of 2023.

Chinese banking sector assets up in Q12023-05-01
Financial institutions in China's banking sector saw a steady expansion in assets in the first quarter of the year, data from the country's top banking and insurance regulator showed.

Value of loans to manufacturing sector up in Q1 in China2023-04-27
The value of loans to the manufacturing sector in China in the first quarter of 2023 was higher compared with the same period last year, official data showed on Wednesday.

Banks seen backing real economy2023-04-27
China's banks will continue to provide better support to the real economy by extending more loans and increasing credit lines, especially in key and weak areas, experts said on Wednesday.

China's foreign exchange market off to good start2023-04-22
China's foreign exchange market got off to a good start in the first quarter of 2023, with a stable exchange rate of the renminbi, steady market expectations, and balanced supply and demand, an official said Friday.

China Construction Bank opens branch in Hungary2023-04-20
China Construction Bank (CCB), the world's second-largest bank based on assets, opened a branch in Hungary on Wednesday.

China's Q1 new yuan loans hit record high of 10.6 trln yuan2023-04-12
China's new yuan-denominated loans hit a record high of 10.6 trillion yuan (about 1.54 trillion U.S. dollars) during the first quarter of the year, up 2.27 trillion yuan from a year ago, central bank data showed Tuesday.

Chinese, foreign banks bolster BRI2023-04-11
Some of China's large State-owned commercial banks and foreign lenders have continuously consolidated the Belt and Road Initiative and expanded into new areas of business to align with China's new development pattern and advance the country's high-level opening up.