Lending & Credit
Some ICBC and BOC branches refuse to lend
Unable to meet loan-to-deposit requirements.
PBOC denies existence of credit crunch
Promises stability and support for banks.
Bank Negara eyes 20% boost in trade finance volume by end-2013
Imports estimated to comprise 75% of volume.
China Minsheng Bank denies reports of a 4% NPL ratio at its Shanghai branch
NPL ratio is only below 1%.
Loan growth of Philippine banks slows down
Current lending can support sustainable economic growth, however.
Why PBoC must end China's credit squeeze ASAP
It could potentially backfire.
Chinese banks hurting as government chokes money supply
The People's Bank of China, however, describes monetary policy as “prudent”.
Puzzling ICBC breakdown as interest rate surges
One hour outage fuels fears of financial crisis in China.
Chinese banks feel the pain as PBOC chokes shadow banking
Hikes interest rates to extraordinary levels.
Cinda to IPO in Hong Kong
Bad debt bank has yet to decide on timing or venue of listing.
Renminbi trading eclipses HK$ in Hong Kong for first time
Result shows the renminbi’s rising importance in international trade.
Higher borrowing costs batter China’s banks
Financial risks rising to critical levels.
China’s cash squeeze worsening
Liquidity shortage the worst in seven years.
Why headline TSF is 'of little meaning' to calculate China's credit growth
It's a 'second derivative' of credit.
Shadow banking creating China's worst credit bubble
Deflation is a possibility.
Chinese government becoming less dependent on bank financing
Borrowing from corporates increased surged 125% to RMB1,114b.