WRAPUP 1-China’s top banks warn of ‘fragile’ bad loans scenario as economy slows – Top lender Industrial and Commercial Bank of China (ICBC) reported flat net profit of 58.05 billion yuan ($8.63 billion) for the fourth quarter, the first time it has seen no growth in a quarter since.
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Chen Siqing named ICBC chairman as string of management changes at China’s top financial institution continues – China has named a new chief for Industrial and Commercial Bank of China, the world’s largest lender by assets. of the China Securities Regulatory Commission, the country’s top securities regulator,
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2. China Construction Bank Corp. This is the second Chinese bank on our top 10 list. It offers corporate banking, which deals with credit, company e-banking, credit lines and commercial loans. The.
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