China

The Shanghai Municipal Government, concerned by slow growth rates and rising cases of bankruptcies, has become the first regional government in China to establish funds to assist local SMEs.

Standard Chartered Bank (China) Limited has opened a new branch in the city of Xi'an.

ICBC Texas Yucheng branch reports semi annual results following the decision to expand its trade finance business.

Heze Branch of China Construction Bank ahead of schedule to complete domestic factoring business income plan

People's Bank of China said that situation with local authorities borrowing is "controllable"

Standard Chartered Bank (China) Limited and Chongqing Municipal Federation of Industry have recently signed a memorandum of cooperation

Agricultural Bank of China enters cooperation with Bohai Bank in Tianjin Agricultural Bank of China and Bohai Bank in Tianjin, announce the signing of a comprehensive cooperation agreement.

A subsidiary of US firm CIT has received Rmb1.8bn from a consortium of Chinese banks to fund new vendor finance originations in China.

Industrial and Commercial Bank (ICB) of Jincheng Branch sees supply chain finance as a core element of its future development