Friday 21 October 2016
China bank

China Construction Bank lists $600m bond on Nasdaq Dubai

The Hong Kong branch of China Construction Bank (CCB) listed a $600 million bond today on Nasdaq Dubai, the region’s international financial exchange.   CCB is the fourth Chinese bank to list a bond on the exchange sinc


Morocco bank, China sign deal to manufacture electric buses

A Moroccan bank has signed a partnership deal with a Chinese bank worth MAD1.2 billion ($124.05 million) for the manufacturing of a new generation of electric buses in Morocco, said a report. The relationship between Morocco and C


Iran uses China bank to transfer funds for Quds ops

Several companies in China receive money from Iran through a Chinese bank and such transfers help to finance international operations of the Islamic Revolutionary Guards Corps' elite Quds Force, a report said. The Western inte


ICBC Middle East 2012 profit jumps 69pc

The Middle East unit of Industrial and Commercial Bank of China, the world's biggest lending bank, enjoyed surging profits and asset growth in 2012, it said on Saturday, underscoring increasingly close economic ties between Beijing and the G

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