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Jaguar Land Rover Raises $705 Million Loan From Chinese Banks
Jaguar Land Rover (JLR), owned by India's Tata Motors, has entered into agreements with lenders in China for a secured term loan facility of 5 billion yuan ($704.50 million), marking its first debt financing in China, it said.Arthur Yu, JLR's vice president and China chief financial officer, said the Chinese banks that would provide it with the thr...
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6 Officials Of China's ICBC Bank Held In Spain For Money Laundering
Six officials of Chinese megabank ICBC have been placed in detention by Spanish authorities on suspicion of laundering tens of millions of euros, judicial sources said on Saturday.
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China's Banks Dominate Rankings for Profits, Strength
China's banks are strengthening their position as the best capitalised and biggest profit makers in the world, a study showed on Monday.
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IndiGo Inks $2.6-Billion Deal With Chinese Bank ICBC
Indian and Chinese businesses on Wednesday inked agreements worth $3.43 billion, including the $2.6-billion deal between low-cost carrier IndiGo and Industrial and Commercial Bank of China Ltd (ICBC).
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China's Largest Bank Bars Services for Bitcoin
China's biggest bank ICBC has banned activities related to trading in Bitcoin, it said on Thursday, joining at least 10 other Chinese banks participating in a government crackdown on virtual currencies.
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At Davos, bankers close in on Africa
Chinese banks were among the first to make their way into the continent, with ICBC, the world's biggest bank by market value, having bought a 20 percent stake in South Africa's Standard Bank in 2007.
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Jaguar Land Rover Raises $705 Million Loan From Chinese Banks
Jaguar Land Rover (JLR), owned by India's Tata Motors, has entered into agreements with lenders in China for a secured term loan facility of 5 billion yuan ($704.50 million), marking its first debt financing in China, it said.Arthur Yu, JLR's vice president and China chief financial officer, said the Chinese banks that would provide it with the thr...
-
6 Officials Of China's ICBC Bank Held In Spain For Money Laundering
Six officials of Chinese megabank ICBC have been placed in detention by Spanish authorities on suspicion of laundering tens of millions of euros, judicial sources said on Saturday.
-
China's Banks Dominate Rankings for Profits, Strength
China's banks are strengthening their position as the best capitalised and biggest profit makers in the world, a study showed on Monday.
-
IndiGo Inks $2.6-Billion Deal With Chinese Bank ICBC
Indian and Chinese businesses on Wednesday inked agreements worth $3.43 billion, including the $2.6-billion deal between low-cost carrier IndiGo and Industrial and Commercial Bank of China Ltd (ICBC).
-
China's Largest Bank Bars Services for Bitcoin
China's biggest bank ICBC has banned activities related to trading in Bitcoin, it said on Thursday, joining at least 10 other Chinese banks participating in a government crackdown on virtual currencies.
-
At Davos, bankers close in on Africa
Chinese banks were among the first to make their way into the continent, with ICBC, the world's biggest bank by market value, having bought a 20 percent stake in South Africa's Standard Bank in 2007.
