In Focus
China’s Big Four converge on Australia
China’s big banks are doing their utmost to fill the vacuum left by the withdrawal of European bankers from Australia.
China’s Big Four converge on Australia
China’s big banks are doing their utmost to fill the vacuum left by the withdrawal of European bankers from Australia.
BoC becomes first mainland bank to open branch in Taiwan
The Bank of China became the first mainland bank to commercially operate in Taiwan with the opening of its Taipei branch.
Aggressive Philippine bank continues M&A spree
Asia United Bank has completed the acquisition of its third Philippine bank in three years.
China’s state-run banks could be in trouble
While not downgraded by credit ratings agencies, China’s huge state-owned banks are cause for serious concern in the weakening economy.
Vietnamese banks remained weak in 2011
The State Bank of Vietnam reports less than satisfactory metrics for Vietnam’s banking sector in 2011.
Australian banks shift more fees to small businesses
A Reserve of Australia report showed that households paid 7 percent less bankfees, but businesses paid 5.5 percent more.
Major Japanese bank to expand overseas lending by 32%
Sumitomo Mitsui Trust Holdings, Inc looks to invest a massive amount on a European buying spree.
China goes after more investments from Taiwan
Faced by a weakening economy, China offers Taiwanese investors a package of bank loans as incentives.
India targets to have one bank account per family
India attempts the impossible in banking to boost its floundering banking industry.
Agreement to boost mobile banking in the Philippines
The Philippines and the United States have entered into an agreement that will give Filipinos more access to mobile banking and payment services.
Asia-Pacific tops in mobile banking
The Asia-Pacific will continue to have the most number of mobile banking users in the world.
China bank lending accelerates in May
Beijing said bank lending and the money supply were above expectations in May.
Taiwanese banks see more business on the Mainland
Talks between Taiwan and China later this month are expected to see more Taiwan banks open branches on the mainland.
Indian banks strive to meet Basel III
Indian banks are scrambling to raise the massive capital needed to comply with both Basel III and their own expansion plans.
Chinese banks’ profits to drop following liberalization
China’s recent benchmark interest rate cut and liberalization of the rate regime will hurt the profits of Chinese banks.
Taiwan's banks cheating customers in interests: legislator
Delayed accounting of deposits allowed Taiwan's banks to cheat customers of over NT$13 million or US$434,000 in annual interests.
Bank health to determine ownership in Indonesian banks
Bank Indonesia's new rules setting caps on a single lender's ownership percentage of banks is dependent the acquiring bank's financial health.