BEIJING, Dec. 10 (Xinhua) — The Industrial and Commercial Bank of China (ICBC), the country\’s biggest lender, has issued 50 billion yuan (about 7.03 billion U.S. dollars) in green bonds to support it
Tag: lender
Bank of China reports rise in cross-border renminbi settlements
BEIJING, Oct. 12 (Xinhua) — The Bank of China (BOC) said Thursday it has actively expanded cross-border renminbi products and services since the start of the year, and handled 22.59 trillion yuan (ab
BOC to bolster BRI, boost trade
Bank of China will increase efforts to strengthen the Belt and Road Initiative and thus facilitate China\’s high-standard opening-up, its executives said on Wednesday.
The bank, they said, has branches
Chinese policy bank steps up financial support for smart parking
BEIJING, July 22 (Xinhua) — The China Development Bank (CDB), one of the country\’s policy banks, has stepped up financial support for the construction of smart parking infrastructure.
As of June, the
China\’s CZBank posts net profit growth in 2022
BEIJING, March 30 (Xinhua) — CZBank, one of China\’s 12 nationwide joint-stock commercial banks, reported net profit growth of 7.67 percent in 2022.The Hangzhou-headquartered lender raked in about 13.
Interview: Silicon Valley Bank collapse shakes confidence in U.S. banking, says expert
LONDON, March 16 (Xinhua) — The collapse of Silicon Valley Bank (SVB), once the 16th largest bank in the United States, has \”shaken confidence in U.S. banking\” as concerns have mounted over bank depo
Experts: US bank collapse result of failure to adhere to core activities
The collapse of Silicon Valley Bank will not affect China\’s banking industry but has highlighted the importance for banks of adhering to their primary business, serving the real economy, balancing the