New bank loans in China rebounded more than expected in March, recovering from a sharp drop the previous month, as ...

People’s Bank of China has held its one-year loan prime rate at 3.1% and the five-year rate at 3.6%, providing no fresh catalyst for markets to rally. The key lending rates remain unchanged for ...

While a small section of the community clings to cash, the rest of us have moved on and banks need to adapt to this changing behaviour. “People say cash is king, cash is not king,” People’s First Bank ...