In Focus

PBOC denies existence of credit crunch

Promises stability and support for banks.

PBOC denies existence of credit crunch

Promises stability and support for banks.

PBOC urges banks to boost liquidity management

Bankers now worried over a potential Chinese financial crisis.

MUFJ fined US$250 million for breaking financial sanctions

New York State claims bank did business with Iran, Sudan and Myanmar.

“Banking University” could rise in Singapore

BNP Paribas plans banking university to raise level of financial services skills.

China’s cash squeeze worsening

Liquidity shortage the worst in seven years.

India strengthening Exim Bank

Adds US$517 million to finance exports of heavy industry goods.

Hong Kong residents investing more in RMB products

RMB assets to rise to 32% of their portfolios.

Check out how Japanese megabanks will comply with new law

Will seek approval from shareholders this month.

M&A binge predicted for Philippine banks

Will be led by mid-sized commercial banks.

Philippines wants rural banks to expand operations

Over a third of towns without banking offices.

PBOC warns anew against shadow banking

Says there is a need to strengthen disclosure.

IBT to issue Thailand's first-ever sukuk

Islamic Bank of Thailand will use proceeds to hike capital.

China to introduce deposit insurance system

Will lay the basis for interest rate liberalization in banking sector.