China’s digital banks have rocketed up The Banker’s best-performing table, overtaking the mega state-owned lenders. 

While China and Brazil have set up infrastructure for renminbi clearing, Argentina repaid an IMF loan in yuan.

China’s largest banks are preparing to increase their capital raising to meet their requirements, and are weighing up the benefits of onshore versus offshore investors in the face of rising interest rates. 

Experts at a think tank webinar were keen to dispel some of the myths regarding China’s relationship with Latin America.

A set of new sustainable development initiatives is establishing Singapore as a green finance hub and hints at Beijing’s broader intentions in the region.

As China develops its digital currency, Australia tables a bill that aims to set an example for the region in monitoring and reporting requirements.

There are rising concerns over China’s banking system as the country’s lenders feel the effects of slowing growth combined with a deflating real estate market.

The newly introduced Futures and Derivatives Law brings the country’s financial services market in line with international standards, welcoming foreign financing. 

While state-owned banks are making the headlines in the country ranking, the city banks are leading the way in performance.