Posted by: Kiki.yang on Sep 10 2010

China Banking Regulatory Commission (CBRC) has issued stipulations that trust companies must hold net capital at least equal to the total value of the company's capital-at-risk and no lower than 40% of its total net assets, with a minimum absolute net capital balance of RMB 200 million, according to an announcement published on the regulator's website...

Posted by: Kiki.yang on Sep 08 2010

The China Banking Regulatory Commission (CBRC) is considering amending loan loss provision requirements for commercial banks, China Securities reported September 7 citing a source from an unspecified joint-stock bank...

Posted by: Kiki.yang on Aug 19 2010

Ministry of Finance (MoF), the National Development and Reform Commission, the People's Bank of China (PBOC) and the China Banking Regulatory Commission (CBRC) jointly issued a notice on August 19 calling for strengthened supervision of local government financing platforms, according to announcement published on the MoF's website...

Posted by: Kiki.yang on Aug 17 2010

China Banking Regulatory Commission (CBRC) estimates that roughly RMB 1.76 trillion, or 23% of the RMB 7.66 trillion balance of commercial bank lending to local government financing platforms by the end of June 2010, is at risk of default, China Business Weekly reported August 17...

Posted by: Kiki.yang on Aug 12 2010

The China Banking Regulatory Commission (CBRC) has ordered domestic banks to report sales made through cooperation with trust funds on balance sheets before the end of next year and to set aside provisions for associated bad loans at a coverage ratio of 150%, Sina reports...

Posted by: Kiki.yang on Jul 26 2010

The China Banking Regulatory Commission (CBRC) has been ordering trust funds to report the amount of real estate loans on their books from the beginning of July in order for the government to assess how much risk the sector has undertaken, eeo.com.cn reported July 24, citing unnamed sources close to the regulator...

Posted by: Kiki.yang on Jul 23 2010

The average non-performing loan (NPL) ratio among commercial banks in China -- including state-owned banks, joint-stock commercial banks and foreign banks, has declined to 1.3% by the end of the first half of 2010, down 0.28 percentage points from the beginning of the year, according to announcement on the website of the China Banking Regulatory Commission (CBRC)...

Posted by: Kiki.yang on Jul 06 2010

The China Banking Regulatory Commission (CBRC) has given verbal notice to more than 70 trust companies nationwide that they are to suspend sales of wealth management products offered through partner banks from July 1, reports Oriental Morning Post July 6...

Posted by: Kiki.yang on Jun 07 2010

The Ministry of Housing and Urban-Rural Development (MOHURD), the People's Bank of China and the China Banking Regulatory Commission issued a notice June 5 defining criteria for "second homes," Guangzhou Daily reported...

Posted by: Kiki.yang on May 14 2010

Regulators are monitoring more closely local government financing and will require banks to publish stress test results for loans to local government investment vehicles on a weekly basis, reported Shanghai Securities citing unnamed sources from an unspecified listed bank...

Posted by: Kiki.yang on Apr 21 2010

The China Banking Regulatory Commission (CBRC) is requiring banks to conduct stress tests of property loans on a quarterly basis, National Business Daily reports April 20 citing CBRC Director Liu Mingkang...

Posted by: Kiki.yang on Apr 14 2010

China's five big state-owned banks should conduct a thorough assessment of their non-banking businesses and create exit strategies for businesses that are less profitable than the industry average or than the bank itself, said Jiang Dingzhi, vice director of the China Banking Regulatory Commission, Shanghai Securities News reports April 14...

Posted by: Kiki.yang on Apr 12 2010

The China Banking Regulatory Commission (CBRC) is considering a new classification system that would divide banks with capital adequacy ratios (CAR) of more than 8% into three or four categories for more effective supervision, National Business Daily reports April 9 citing unspecified media reports.

CBRC issued guidelines in January that required banks to assess their major risks and management capabilities...

Posted by: Kiki.yang on Mar 23 2010

State-owned Assets Supervision and Administration Commission (SASAC) Director Li Rongrong said the SASAC has told 78 state-owned enterprises with real estate assets they have 15 business days to draft plans to withdraw from the property market, except where projects are already underway, guandian.cn reported March 22.

SASAC announced at a March 18 press conference that the 78 SOEs with real estate ties will withdraw from the property market, after completing construction of projects already under development.

An unnamed China Banking Regulatory Commission (CBRC) official said that the government will block SOEs whose main business is in industries with excess capacity, such as steel, cement, shipbuilding, aluminum, coal and chemical industries, from acquiring assets in commercial banks, Securities Times reported March 23.

Posted by: Kiki.yang on Mar 12 2010

China big four commercial banks issued RMB 4.6 trillion in new loans in 2009, accounting for 48% of the total issued during the year of RMB 9.59 trillion, yicai.com reports citing data from the China Banking Regulatory Commission...