The China Banking Regulatory Commission CBRC plans to cut the provision coverage ratio for commercial banks to 120-150 percent from 150 percent, the sources said... READ MORE›
A research paper conducted by Shenwan Hongyuan Securities shows the temporary arrangement will significantly improve the stability of short-term interest rates during the major holiday... READ MORE›
The notice came a month after Beijing published draft guidelines to tighten supervision of the 9 trillion asset management industry in a effort to curb shadow banking... READ MORE›
Driven by mortgages, retail loans are growing faster than corporate loans, especially in joint-stock and city banks, where the figures recorded double-digit growth... READ MORE›
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