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24.11.25 - 21:01
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Top Sovereign Lending Official at Exim Bank Under Investigation (Caixin)
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A senior executive at the Export-Import Bank of China (Exim Bank) overseeing sovereign lending has been placed under investigation, as graft investigators tighten scrutiny of the policy lender's massive overseas lending practices, Caixin has learned.
Zhu Ying, deputy general manager of the bank's Sovereign Business Department, was detained by authorities on Nov. 19, Caixin has learned. Zhu, who also played a prominent role in debt restructuring across Africa, was dismissed from his position five days after being taken into custody. The government has yet to make an official announcement about the case.
The move adds pressure to the Exim Bank as it manages tens of billions of dollars in loans extended through China's Belt and Road Initiative. Zhu was reportedly taken from Exim Bank's Beijing headquarters and transferred to Hubei province, where previous corruption probes into former bank officials Wang Fade and Wu Shaohua were conducted. Both had overseen the bank's concessional lending operations b...
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20.11.25 - 02:15
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CN Nov 1-/ 5-Yr LPRs Remain Intact at 3%/ 3.5%, In Line (AAStocks)
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The People's Bank of China announced that the Loan Prime Rate (LPR) for November, for both one-year and five-year terms, remained unchanged at 3% and 3.5%, respectively, in line with market expectations. ~AASTOCKS Financial NewsWebsite: www.aastocks.com...
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13.11.25 - 10:30
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CN 10M25 New Loans RMB14.97T, vs RMB15.25T in Consensus (AAStocks)
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At the end of October, the outstanding balance of domestic and foreign currency loans amounted to RMB274.54 trillion, up 6.3% YoY, the People's Bank of China announced. The outstanding balance of RMB loans at the end of October was RMB270.61 trillion, up 6.5% YoY.For 10M25, the new RMB loans reached RMB14.97 trillion, versus......
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02.11.25 - 07:06
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Swiss firm aims to help build Hong Kong as an international gold trading hub (SCMP)
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Switzerland's MKS PAMP, one of the world's largest refiners and traders of precious metals, has joined a growing number of European companies that are expanding operations in Hong Kong, drawn by the city's strengthened focus on its financial services and commodity trading sectors.
The Geneva-based firm – locally known for minting the centenary gold bars for Bank of China (Hong Kong) in 2017 – on Thursday opened its 3,600 sq ft regional headquarters at the St John's Building on Garden Road in......
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29.10.25 - 16:01
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Bank of China Profit Rebounds as Lending Margin Stabilizes (Caixin)
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Bank of China Ltd. posted modest profit growth in the first three quarters of 2025, marking a turnaround driven by a stronger third quarter and a stabilizing net interest margin — an early sign that the worst may be over for the state-owned lender in a persistently low-rate environment.The Beijing-based bank said Tuesday that net profit attributable to shareholders rose 1.1% year-over-year to 177.7 billion yuan ($24.9 billion) for the January-September period. That reversed declines recorded in the first half of the year and was largely supported by a 5.1% rise in third-quarter net income to 60.1 billion yuan.Operating revenue for the period climbed 2.7% to 491.2 billion yuan.As the first of China's “Big Four” state-owned banks to report earnings this quarter, Bank of China's results offer an early look at how the country's largest lenders are weathering a profitability squeeze brought on by repeated policy-driven rate cuts and mandates to fuel credit growth. The lender's net interest margin (NI...
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28.10.25 - 10:15
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Results: BOC 3Q NP RMB60.07B, Up 5.09% YoY (AAStocks)
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BANK OF CHINA (03988.HK) announced that the Group’s operating income amounted to RMB492.115 billion during the first three quarters of 2025, up 2.72% YoY. It achieved a profit attributable to equity holders of the Bank of RMB177.66 billion, up 1.08% YoY. EPS was RMB0.55. Return on average equity (ROE) was 8.98%, down 0.57 ......
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27.10.25 - 11:15
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BANK OF CHINA Executive VP Takes Office (AAStocks)
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BANK OF CHINA (03988.HK) announced that it had approved the appointment of Liu Chenggang as Executive Vice President of the Bank on 29 August 2025. The Bank had received the approval from the National Financial Regulatory Administration on the qualification of Liu as Executive Vice President of the Bank. Liu Chenggang has begun ......
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24.10.25 - 14:54
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AM Best Affirms Credit Ratings of Bank of China Group Insurance Company Limited (Business Wire)
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HONG KONG--(BUSINESS WIRE)--#insurance--AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Bank of China Group Insurance Company Limited (BOCG Insurance) (Hong Kong). The outlook of these Credit Ratings (ratings) is stable.
The ratings reflect BOCG Insurance's balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.
BOCG Insurance's risk-adjusted capitalisation remained at the strongest level at year-end 2024, as measured by Best's Capital Adequacy Ratio (BCAR). The company's capital and surplus increased in 2024, supported by favourable investment income and positive underwriting results. Other supporting factors include its robust regulatory solvency position, as measured by Hong Kong's Risk-Based Capital Ratio, and its positive liquidity to fulfil insurance liabilities. An offsetting factor in BOCG I...
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