Lenders' asset quality declines

2013-05-03 01:24

Chinese banks' asset quality continued to deteriorate in the first quarter as the economy faltered, according to the financial reports of major banks.

A credit to global banking system

2013-03-18 05:40

Zhou Kang relied solely on his Chinese UnionPay card to meet all bills during a seven-day trip to South Korea over the Spring Festival last month.

France leads eurozone in offshore RMB payments

2013-04-27 02:26

France now holds the leading position in euro countries for exchanging RMB payments, after recording a 249 percent growth in the value of payments since March 2012.

Paying on the 'never-never' skyrockets

2013-03-18 05:42

Wang Haofeng was less than pleased at being charged a 30 yuan ($4.82) service fee for using his credit card fewer than six times in a year.

UnionPay to widen global issue of single-branded cards

2013-03-14 09:21

China UnionPay Co Ltd, the country's largest bank card payment processor, aims to expand the international issue of its single-branded cards, to up the ante on its main cross-border transaction rival, Visa Inc.

Call on banks to help with firms' foray overseas

2013-03-13 07:31

The head of one of the country's top civil engineering groups has urged closer cooperation between the corporate sector and banks in exploring overseas markets.

Rules obstacle to bank branches

2012-12-07 03:38

Chinese banks are encountering obstacles to their expansion in the City of London as financial regulations there become increasingly strict.
Special: Chinese banks in Europe
RMB swap deal suggested to London

CCB plans London dim sum bond launch in Dec

2012-11-22 09:43

China Construction Bank is to release its first yuan-denominated "dim sum" bond in London as early as December to increase international use of renminbi.

London to build RMB business

2012-09-19 09:33

London's growing role in offshore yuan-denominated services will boost trade between China and Europe, lord mayor of the City of London said.

Banking sector in good health: top officials

2012-11-12 02:24

The banking sector remains largely healthy, and market-oriented reform will be continued prudently, finance officials said.

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