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This Week's News
Yahoo Finance - China's ICBC to kick off TLAC bond sales with issuance of $4.15 billion - 12/5/2024
Industrial and Commercial Bank of China said it would issue 30 billion yuan ($4.15 billion) worth of total loss-absorbing capacity (TLAC) bonds on May 15.
For the complete story, see:
https://finance.yahoo.com/news/chinas-icbc-kick-off-tlac-032454307.html
China SCIO - PBOC report: China's credit structure improved in Q1 - 11/5/2024
The outstanding loans extended by China's financial institutions came in at 251.8 trillion yuan (about 35.46 trillion U.S. dollars) at the end of the first quarter
For the complete story, see:
http://english.scio.gov.cn/pressroom/2024-05/11/content_117181044.htm
The Edge Malaysia - China's April new bank loans fall more than expected to 730 bil yuan - 11/5/2024
Chinese banks extended 730 billion yuan (US$101 billion or RM478.60 billion) in new yuan loans in April.
For the complete story, see:
https://theedgemalaysia.com/node/711197
Other Stories
Nikkei Asia - China central bank vows to support economic recovery - 10/5/2024
Reuters - China banks' $900 bln buffer offers sham comfort - 7/5/2024
SCMP - Chinese investment bank CICC to demote senior bankers, cut their pay to reduce costs - 6/5/2024
Xinhua - Agricultural Bank of China enhances financial services in rural areas - 4/5/2024
Regulation Asia - China Construction Bank, Gprnt Partner on Sustainable Finance - 4/5/2024
Media Releases
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News and Commentary
Yahoo Finance - China's ICBC to kick off TLAC bond sales with issuance of $4.15 billion - 12/5/2024
Industrial and Commercial Bank of China said it would issue 30 billion yuan ($4.15 billion) worth of total loss-absorbing capacity (TLAC) bonds on May 15.
For the complete story, see:
https://finance.yahoo.com/news/chinas-icbc-kick-off-tlac-032454307.html
China SCIO - PBOC report: China's credit structure improved in Q1 - 11/5/2024
The outstanding loans extended by China's financial...