China

The $22 billion worth of loans to farmers spur bank to beef up operations in cities.

Deal will skyrocket MoneyGram's China presence as its services will be available in lender's 10,000 branches.

Regulator OKs lender's interbank bond market operations as China aspires developing its financial markets.

The Bank of East Asia became the first mainland-incorporated foreign bank to open a “cross-location” sub-branch in Zhongshan, Guangdong Province.

The joint venture intends to install 100 village banks in China with $439 million initial capital.

Sources report bank's scheme to replenish capital likely to receive approval from regulator.

Bangkok Bank China Co. Ltd., the first Thai bank to be locally incorporated in China, has opened for business.

Société Générale Corporate & Investment Banking has announced that Yang Duan is new Head of its Global Markets division for China. He replaced Gilbert Tse, who has been appointed Head of Lyxor Asset Management for China.

BEA China followed the “cross-location” trend in Foshan with the opening of its sub-branch. The bank group became one of the first mainland-incorporated foreign banks to open a “cross-location” sub-branch in Guangdong Province.

Government's nod for IPO in Shanghai and Hong Kong could raise $22 billion for the bank.

Hang Seng Bank received permission from the China Banking Regulatory Commission to open its first cross-city sub-branch.

Chinese banks are pressured to fund their 2010 loan growth through bond or equity issuance.

Bangkok Bank collaborated with China UnionPay to create a credit card widely accepted in China, Hong Kong, Macau and 31 other countries worldwide. Thai cardholders will receive the same privileges as local Chinese.

National Bank's approval makes CCB first Chinese bank to establish branch in Ho Chi Minh City.

Analysts believe $366 billion cut from 2009 cap can be replenished as loans growth remains high.

Due to unknown operating risks and strong domestic competition, Taiwan banks will be careful in penetrating China's banking sector.