After a RMB 800B new credit by the big 4 in May or $126 Bln China’s intentions behind creating space on China’s Big Four Balance sheets with a securitization program that just takes current loans off balance sheet for sale…
After a RMB 800B new credit by the big 4 in May or $126 Bln China’s intentions behind creating space on China’s Big Four Balance sheets with a securitization program that just takes current loans off balance sheet for sale…
Despite a almost 30% improvement, Bank of China is stilll the worst of the big Four banks in NPLs with 1.8% as its ratio of NPLs five times that of BOCOM and almost 70% higher than AgBank which is #2…
When early last month, China banks reported a 25% Y/Y slowdown to CnY 750 bln or $125 bln it was now so slow if including the Year of the Dragon celebrations and the shortage of Capital at the big banks…
A gameplan for resource based Economies After China completed the purchase of Standard Bank in LatAm(ICBC pending shareholder approval), we indicated a hope that this was in response to oversaturated of biolateral trade in fickle resources that have imprisoned the…
Even as analysts priced in the expected 12% default rate (NPLs), AgBank and BoC were the first to report results till September after reporting good first 2 quarters. Next in line are CCB and ICBC in this week. Today’s AgBank…
Since the crisis caught everyone’s fancy in 2008, when Chinese GDP growth also dipped to a significant low, China has been played up as the market maker in almost all commodities. Even before the Dollar started weakening with the exit…
The Macroeconomic certification for China An above 6% inflation rate continued in August, with Services PMI scraping the neutral line at 50.6 in the HSBC MarkIt survey while the overall non mfg indices with other providers were as high as…
In an apparent bid to reduce its excessive exposure to Financial institutions, Temasek committed early trades worth $3.6 bln in Hongkong to exit $2.4 bln worth of its stake in Bank of China and another $1.2 bln worth of its…
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