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BEIJING/SHANGHAI, March 26 (Reuters) - Bank of China's (601988.SS), opens new tab vice president said on Wednesday that the bank's asset quality is still under pressure, as bad loans from personal ...
Bank of China Ltd. reported a 2.6% increase in full-year profit as a drop in impairments helped offset pressure from falling interest rates. Net income rose to 237.8 billion yuan ($32.7 billion ...
The four banks -- China Construction Bank, Bank of China, Bank of Communications and Postal Savings Bank of China -- all opened higher on mainland exchanges. The stocks temporarily wobbled ...
the bank said in its filing. China's major banks have reported flat annual profits and lower margins as a slowing economy and a struggling property sector have weighed on their earnings.
All funds raised will be used to replenish the banks' core tier-1 capital. China Construction Bank announced it would introduce a strategic investment from the Ministry of Finance, aiming to raise ...