Activity to update the banking systems is continuing in mainland China, one of the latest moves being Bank of China’s implementation of Summit Systems’ treasury and capital markets software across its interest rate derivatives trading desks.

China’s top banking regulator played Santa Claus to foreign banks weeks before Christmas last year, announcing measures that gave them greater access to the local market.

The opening up of the mainland will attract foreign investment into the city state and bolster its exports.

Criticism is mounting of the IBRA’s restructuring efforts. But any
assessment must factor in the volatile environment in which the agency
had to operate, says Brian Caplen.

China may have to swallow the unpalatable and seek foreign assistance if it is to remedy its huge non-performing loan problem. Brian Caplen reports.

The heads of the top three banks in Singapore tell Karina Robinson about their strategies for growth – three different routes to overseas expansion.

Despite the liberalisation of China’s banking system, in line with WTO guidelines, foreign banks still face major hurdles in operating profitably, says Louise do Rosario.

Hong Kong property tycoon Vincent Lo talks to Karina Robinson about his strategy for doing business with mainland China.