ICBC announces slow profit growth

2013-03-28 07:39

Industrial and Commercial Bank of China Ltd, the world's largest bank by total assets, warned on Wednesday about challenges that Chinese banks will face in 2013, as the bank reported its slowest profit growth since its listing in 2006.

CCB net profit growth weakest

2013-03-26 08:01

China Construction Bank Corp, the world's second-largest lender by market value, reported a 14 percent year-on-year net profit increase thanks to healthy net-interest income and higher commissions.

Banking regulator warns on rising risks

2013-03-26 08:00

The China Banking Regulatory Commission has urged banks to pay close attention to the credit risks in key industries affected by the economic downturn and hit by overcapacity woes.

ICBC extends $19b to outgoing firms

2012-09-20 09:34

The Industrial and Commercial Bank of China said it has signed loan contracts worth $18.7 billion with Chinese firms that wish to expand overseas.

Banks' resilience to be tested: S&P

2012-09-13 03:05

Chinese banks will have their resilience tested in the next few years as operating conditions turn harsher, Standard & Poor's said in a report on Wednesday.

Navigating the future

2012-09-07 10:27

Though dark clouds are looming over the global financial landscape, Ma Weihua believes that there is still light at the end of the tunnel for enterprises that have "innovation" as their calling card.

Bad loan risk looms over banking sector

2012-09-03 09:39

China's commercial banks are facing a high risk of increased bad loans, partly due to a lending spree to support massive economic stimulus three years ago.

ICBC third most profitable global company: Forbes

2012-07-31 19:45

The Industrial and Commercial Bank of China Ltd was ranked the world's third most profitable global company last year, according to a report by Forbes magazine.

Banks at risk from growth in NPLs

2012-07-06 09:38

The Chinese banking system is facing growing pressure from an increase in non-performing loans and an expected decline in profits in the first half.

Call for banks to lend firms support

2012-07-09 03:05

One of the country's leading bankers has called on financial institutions to boost support for domestic companies expanding overseas.

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