Tagged By finance

China limits banks’ risk exposure

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BEIJING, May 5 (Xinhua) — China’s banking regulator has limited commercial bank’s risk exposure to avoid systemic risk. A commercial bank’s risk exposure to an interbank client shall not exceed 25 percent of its tier…

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China Bank income rises in Q1

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CHINA BANKING Corp. (China Bank) saw its net profit rise slightly in the first quarter of the year amid growth in its core businesses. In a disclosure to the Philippine Stock Exchange on Friday, the…

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China tightens regulation on private lending

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An employee counts yuan banknotes at a bank in Huaibei, East China’s Anhui province, June 22, 2010. [Photo/Agencies] BEIJING – China will tighten regulation of the growing private lending market. Without official approval, no entities…

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