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-0.0800 (-0.430%)
At Close: Jun 03, 2026
China State Banks Restrict Purchases Of Russian Commodities, Pause Buying Russian Seaborne Crude
03:27pm, Friday, 25'th Feb 2022 Zero Hedge
China State Banks Restrict Purchases Of Russian Commodities, Pause Buying Russian Seaborne Crude While Beijing has so far clearly telegraphed it is aligned, at least ideologically, with Moscow in the nascent Ukraine war, refusing to call Putin''s move an "invasion" and also blaming the US for stoking the conflict while refusing to condemn the military action, Bloomberg reports that "at least two" of China’s largest state-owned banks are restricting financing for purchases of Russian commodities, "underscoring the limits of Beijing’s pledge to maintain economic ties" Russia in the face of sanctions by the U.S. and its allies. According to the report, Industrial & Commercial Bank of China’s offshore units stopped issuing U.S. dollar-denominated letters of credit for purchases of physical Russian commodities ready for export, even though yuan-denominated letters of credit are still available for some clients, subject to approvals from senior executives. Bank of China has also curbed financing for Russian commodities based on its own risk assessment, Bloomberg also noted adding that the bank has yet to receive explicit guidance on Russia from Chinese regulators.
Azerbaijan to put AGBank''s property up for auction
08:10am, Friday, 11'th Feb 2022 Trend News Agency (English)
A property of Azerbaijan’s AGBank OJSC, which is in the process of liquidation, will be put up for auction at the Baku Auction Center on March 2, 2022, Trend reports referring to the Azerbaijan Deposit Insurance Fund.
Out of hatred towards the woman: Viral revenge video claims ex-mother-in-law was paid despite not working, sparks investigation from Chinese state-owned bank
12:30am, Saturday, 18'th Dec 2021 South China Morning Post
A state-owned bank in China cleared an employee of wrongdoing following an internal investigation after a woman accused her of accumulating assets and receiving a salary despite barely working.A video post from Liu Yinyue went viral and she accused her former mother-in-law, Xia Xuehua, who works at Agricultural Development Bank of China, of collecting suspicious assets.The accusations placed Xia and her husband, surnamed Li, who works at Zhongyuan Agricultural Insurance Company, a state-owned
Agricultural Bank of China Limited (OTCMKTS:ACGBY) Short Interest Down 49.7% in October
08:56am, Friday, 19'th Nov 2021 Dakota Financial News
Agricultural Bank of China Limited (OTCMKTS:ACGBY) saw a large decrease in short interest in October. As of October 29th, there was short interest totalling 9,900 shares, a decrease of 49.7% from the October 14th total of 19,700 shares. Based on an average daily volume of 44,700 shares, the short-interest ratio is currently 0.2 days. Shares []
7 Chinese Stocks to Sell Before the Next ‘Lehman Brothers' Event
09:20am, Thursday, 30'th Sep 2021
With the China Evergrande crisis imposing a dark cloud on the nation's commercial paper, it's time to trim Chinese stocks. The post 7 Chinese Stocks to Sell Before the Next ‘Lehman Brothers' Event a
Are You Looking for a High-Growth Dividend Stock? Agri Bank China (ACGBY) Could Be a Great Choice
02:46pm, Tuesday, 10'th Aug 2021
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Agri Bank China (ACGBY) have what it takes?
China Banks' Profitability to Stabilize: CreditSights
09:32pm, Monday, 29'th Mar 2021
Mar.29 -- Jason Tan, senior research analyst at CreditSights, discusses the prospects for Chinese banks. Industrial & Commercial Bank of China Ltd.
A Trio of Stocks Trading Below Their Earnings Power Values
11:38am, Wednesday, 17'th Feb 2021
When in search of stocks that could be priced fairly, one tool that investors can use is the Earnings Power Value (EPV) metric.
16 Largest Financial Services Companies in the World
11:56pm, Thursday, 26'th Nov 2020
In this article we are going to list the 16 largest financial services companies in the world. Click to skip ahead and jump to the 5 largest financial services companies in the world.
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