The move is likely aimed at cushioning against an emerging cash crunch as trade tensions simmer.

Postal Savings Bank of China boasts a strong retail deposit base with market share of over 9% in China. Its strong deposit base was supported by its inherent advantage in the rural banking market ...

The four banks -- China Construction Bank, Bank of China, Bank of Communications and Postal Savings Bank of China -- all opened higher on mainland exchanges. The stocks temporarily wobbled ...

and Postal Savings Bank of China will raise up to 130 billion yuan. China’s Finance Ministry, a major shareholder of the four banks, will be involved in all four capital raises, the filings showed.

Here's a look at all the ongoing bank offers and ... Eligible UOB savings accounts: UOB One Account, UOB Stash Account, UOB Lady’s Savings Account, UOB Passbook Savings Account or UOB Uniplus ...

The decision by the central bank, the People’s Bank of China, was notable because central banks facing weak growth usually buy bonds to pump money into an economy. This is what the Federal ...

"But we don't envisage much of a pick-up in private sector credit demand." The People's Bank of China (PBOC) does not provide monthly breakdowns, but Reuters calculated the November figures based ...

I'm a Nationwide customer who uses a passbook and from what I have read on this site and been told by Nationwide bank staff about ... a passbook will receive a 'savings wallet' instead, containing ...

Here's a look at all the ongoing bank offers and ... Eligible UOB savings accounts: UOB One Account, UOB Stash Account, UOB Lady’s Savings Account, UOB Passbook Savings Account or UOB Uniplus ...

Bank of China, Bank of Communications, and Postal Savings Bank of China – could each receive an injection of 100 billion yuan, a source familiar with the matter told the Post. The funding would ...

the People's Bank of China (PBOC). Spurred by China's rigid COVID-19 containment strategy, which the government rolled back in December, household savings surged by CN¥17.8 trillion in 2022 ...