BlackRock CCB Wealth, the joint venture between US asset manager BlackRock and an affiliate of China Construction Bank, recently saw its AUM nearly double to CNY51.3 billion (USD7.2 billion) from last ...

According to Bloomberg, China's Industrial and Commercial Bank of China (ICBC) is at the top of this list with assets of 6.7 trillion dollars. It is the largest of the "big four" banks in China, and ...

ABC's consumer loans grew 28.3 percent, that of CCB rose 25.21 percent, and China Merchants Bank's consumer loan balance hit 396.16 billion yuan, up 31.38 percent year on year. CCB also reported ...

Cost advantage is the primary moat source for ABC. ABC is China's fourth-largest bank. It holds roughly about 9% of bank loan share and about 10% of deposit loan share in China.

Chinese banks extended 2.24 trillion yuan ($312.45 billion) in new loans in June, more than triple the amount in May and ...

A man walks past the entrance of a China Construction Bank branch in Chongqing, China, on December 29, 2024. Cheng Xin/Getty Images AsiaPac/Getty Images. Beijing Reuters — ...

New bank lending in China rose by far less than expected in November, highlighting weak credit demand in the world's second-largest economy as policymakers pledge to roll out more stimulus measures.