Industrial and Commercial Bank of China Ltd (601398.SS)
16 Jan 2019
BEIJING Bank of China's New York branch will enable Chinese firms to receive payment in yuan rather than dollars from their sales on U.S. e-commerce platforms this year, the official Xinhua news agency reported on Sunday.
BEIJING, Jan 13 Bank of China's New York branch will enable Chinese firms to receive payment in yuan rather than dollars from their sales on U.S. e-commerce platforms this year, the official Xinhua news agency reported on Sunday.
NEW DELHI, Nov 13 China's biggest lender has set up a $200-million fund through which its local arm will invest in India's small- and medium-sized businesses, the Indian embassy in Beijing said in a statement on Tuesday.
BRUSSELS The European Commission on Thursday stepped up legal action against Malta and Luxembourg for not fully applying European Union rules to prevent money laundering at banks and through companies.
* Commission sent warnings to Denmark, Estonia over rules (Adds details of Malta, Luxembourg cases, other decisions)
BEIJING/SHANGHAI The risk of deteriorating asset quality will loom over China's biggest banks, analysts said, even as the nation's biggest lenders have reported rising profits and steady bad loan ratios.
BEIJING/SHANGHAI, Oct 30 Industrial and Commercial Bank of China (ICBC) , the country's biggest-listed lender by assets, reported on Tuesday a 5.6 percent rise in net profit for the third quarter.
BEIJING, Oct 18 China's largest commercial lender, Industrial and Commercial Bank of China (ICBC) , has signed agreements with 100 private companies pledging more financing support, according to a source with direct knowledge of the matter.
BRUSSELS The European Central Bank has reached a preliminary decision to revoke the license of Malta's Pilatus Bank after its chairman was charged with money laundering, two ECB officials told Reuters, though legal hurdles remain. | Video
* ECB sources say licence withdrawal still faces legal hurdles