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After the deluge, Chinese banks eye quieter year

06:04, 1969-Dec-31 .. 0 comments .. Link

After the deluge,<a href="http://www.bistargrowlights.com">Grow lights</a>, Chinese banks eye quieter year After the deluge, Chinese banks eye quieter year (Reuters) - China's banks can be excused for wishing thatRay Ban the next few quarters #xbring them a boring stretch of business.

After all, the past year was topsy-turvy, from the highs of an unprecedented lending binge to the hangover that followed in the form of sorely frayed balance sheets.

The biggest banks are nearly through with a heavy dose of fund-raising to repair the damage and there is no longer a big shortage of capital in the sector, Chinese banking executives said during the past two weeks on the sidelines of the country's annual session of parliament.

Chinese banks made a record 9.6 trillion yuan ($1.406 trillion)Ray Ban in new loans last year, fuelling concerns that they were sowing the seeds of a new crop of bad debts down the road.

One of last year's most eager lenders, China Merchants Bank (3968.HK) (600036.SS), exemplified the sense of relief. After a $3.2 billion rights issue, the country's sixth-largest bank is confident that it will be in good shape.

"This should be sufficient for the next three years," Qin Xiao, Merchants Bank chairman, said in one of many interviews by bank executives on the sidelines of the parliament that officially wrapped up on Sunday.

Bank of China (601988.SS)(3988.HK), one of the country's 'big four' state lenders, said it wants to issue more shares in Hong Kong soon, an offering that could strengthen its balance sheet by some $7.7 billion.

"We want to do it#x as soon as possible but we will also have to find a good timing to make it happen," Xiao Gang, Ray BanBank of China chairman said. 相关的主题文章：