Working Group News
Small banks hunts for capital for stricter rules
China's small banks are intensifying their efforts to attract funds in the hope of preventing the current cash crunch from developing into a failure to meet upcoming new capital rules that require higher money reserves.
Offshore yuan business to make way into Europe, US
Dim sum bond issuance in first 10 months of 2012 exceeds 2011 level
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Read moreChinese banks' bad loans rise
Third-quarter figure increases to 478.8b yuan, watchdog says
Read moreCredit union proves engine for prosperity
Local co-op enjoys better loyalty than 'Big Four' banks in Guizhou market
BOC given 3.1b yuan credit quota
Bank of China has been given a quota of 3.1 billion yuan ($497.76 million) in a pilot program of the nation's credit asset-backed securitization. It amounts to a total value of 50 billion yuan, according to an announcement made by the bank on Tuesday.
Read moreBanking sector in good health: top officials
The banking sector remains largely healthy, and market-oriented reform will be continued prudently, finance officials said.
CBRC denies prejudice against private capital
Chief of China's banking regulator said Sunday that the government does not have "prejudiced regulations" on private investors seeking participation in the banking sector.