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  • August 22, 2014
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  1. Business - Banking & Finance - BANKING

    Agricultural Bank, BOC to raise up to US$29b worth of preference shares

    Posted Aug 15th 2014, 09:41am by Toh Han Shih, DON WEINLAND

    ... Bank, China Construction Bank and Export-Import Bank of China planned to issue up to 65 billion yuan in tier-two capital bonds on Friday, according to mainland media reports. China Construction ...

  2. Business - Banking & Finance - BANKING

    Bocom in reform push for increased private ownership

    Posted Jul 29th 2014, 01:05am by DON WEINLAND

    ... rallied on prospects of reform in the sector. China Construction Bank closed up nearly 4 per cent, outperforming the Shanghai Composite Index, which gained 2.4 per cent. Agricultural Bank of China ...

  3. Business - Banking & Finance - BANKING

    Alibaba teams up with mainland banks to offer loans to SMEs

    Posted Jul 23rd 2014, 01:33am by Sophie Yu

    ... are Bank of China, China Merchants Bank, China Construction Bank, Ping An Bank, Postal Savings Bank of China, Bank of Shanghai and Industrial Bank. This is the first time traditional banks ...

  4. Business - Banking & Finance - BANKING

    Foreign banks in Shanghai free-trade zone lack permits to transfer funds freely

    Posted Jul 08th 2014, 11:58am by George Chen, Jeanny Yu

    ... Bank of China and China Construction Bank- as well as Shanghai Pudong Development Bank and Bank of Shanghai, according to the central bank. It is believed that at least five foreign banks have ...

  5. Business - Banking & Finance - BANKING

    Chinese and Japanese banks lead surge in Australian loans

    Posted Jun 27th 2014, 01:04am by BLOOM

    ... Industrial and Commercial Bank of China, China Construction Bank Corp and Bank of Communications have raised their lending by at least 79 per cent, while Bank of Tokyo-Mitsubishi UFJ and Mizuho Bank ...

  6. Business - Banking & Finance - BANKING

    Bank defaults viewed as dark side of deposit vows

    Posted Apr 22nd 2014, 12:46am by BLOOM

    ... the potential for unrest that deposit insurance would seek to preclude. At least 30 people faced special-forces officers in front of a China Construction Bank branch in Taiyuan last week, ...

  7. Business - Banking & Finance - BANKING

    Mainland China banks to sell stock to bolster capital

    Posted Apr 02nd 2014, 05:45am by Bloomberg

    ... China Construction Bank, Agricultural Bank of China and Bank of China said in the past week they were preparing to sell the stock as they reported a combined 12 per cent increase in profit last ... lender, reported last week a 10 per cent increase in last year's net income, the slowest pace since it was listed in 2006. Construction Bank said profit growth rose 11 per cent, while ...

  8. Business - Banking & Finance - BANKING

    CCB rules out lay-offs in shuffle

    Posted Jun 28th 2013, 12:00am by KANIS LI

    ... Construction Bank said there would be no lay-offs and salary reductions following the integration of its Hong Kong branch into subsidiary China Construction Bank (Asia). Eight more branches would ... of America (Asia), which then became a wholly owned subsidiary. It was then renamed China Construction Bank (Asia). CCB (Asia) operated retail and commercial banking services, while the CCB branch ...

  9. Business - Banking & Finance - BANKING

    China Construction Bank unlikely to buy into Europe

    Posted Sep 29th 2012, 12:00am by Kwong Man-ki

    ... deal ruled out for CCB China Construction Bank is seeking to expand overseas but is unlikely to acquire large banks in Europe as the debt crisis remains unclear, Barclays' analysts say ... in their note yesterday, quoting Construction Bank chairman Wang Hongzhang. "The sovereign-debt issue is still developing and risks are unclear. Emerging-market countries are more attractive, ...

  10. Business - Banking & Finance - BANKING

    China Construction Bank on the prowl for European lender

    Posted Sep 18th 2012, 03:22am by Kwong Man Ki, Lulu Chen

    ... Kwong Man Ki in Beijing and Lulu Chen Mainland property lender may spend up to 100 billion yuan to take a stake of 30 to 50 per cent in British, French or German peer China Construction ... (HK$122.5 billion) to acquire a stake in a European bank. Wang Hongzhang, chairman of Beijing-based China Construction Bank (CCB), told British newspaper the Financial Times that the mainland's ...




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