China's listed banks report net profit g...

BEIJING, March 12 (Xinhua) - China's listed banks saw net profit growth in 2018, according to their annual performance reports. As of Tuesday, 25 of the total 31 listed banks have released their annu

S.Korean banks' capital adequacy ratio r...

SEOUL, March 11 (Xinhua) -- South Korean banks saw their capital adequacy ratio rise last year thanks to profit gain, financial watchdog data showed Monday. The total capital ratio of 19 commercial a

Spanish stocks down 0.50 pct Thursday

MADRID, March 7 (Xinhua) -- The decision announced by the European Central Bank that it would delay an increase in interest rates and not inject liquidity until September led to the a fall in value o

ECB pushes out rate hike and offers new ...

The European Central Bank pushed out the timing of its first post-crisis rate hike to next year at the earliest on Thursday and offered banks new rounds of multi-year cash. With a global trade war an

Malaysian banks' slower loan growth help...

KUALA LUMPUR, March 6 (Xinhua) -- Moody's Investors Service said on Wednesday that most Malaysian banks reported improvements in asset quality and capitalization last year, although their profitabili

England bids farewell to 'greatest Engli...

Hundreds of soccer fans lined the streets to pay tribute to Gordon Banks on Monday as his funeral cortege was driven through Stoke, with former England teammate Geoff Hurst hailing him as a "supersta

Chinese commercial banks see higher prof...

BEIJING, Feb. 25 (Xinhua) -- The profits of Chinese commercial banks increased, while the non-performing loan (NPL) ratio declined as of the fourth quarter in 2018, data by the country's top banking

China pledges more support for banks' pe...

China will provide further support for banks' perpetual bond issuance, including examining ways to broaden the investor base for such bonds, to help boost lending in the economy, a vice central bank

PBoC to provide more support for banks' ...

China's central bank (PBoC) is helping banks to boost their capital by providing more support for banks' perpetual bond issuance. And the country is ready to broaden the investor base for the bonds,