In Focus

Japan's big 3 set to expand overseas

The lenders capitalizes on stronger yen in quest to seek growth abroad as expected boost to loan demand from March quake is yet to materialize.

In Focus

Japan's big 3 set to expand overseas

The lenders capitalizes on stronger yen in quest to seek growth abroad as expected boost to loan demand from March quake is yet to materialize.

In Focus

Tibet allowed to put up regional bank

The China Banking Regulatory Commission has approved the establishment of a regional bank in the Tibet Autonomous Region with initial capital adding up to 1.5 billion yuan or 233 million U.S. dollars.

In Focus

Maybank advances Islamic banking development through collaborations

Malaysia's Maybank Islamic and Indonesia's Bank Syariah Mandiri will establish cross border collaboration in all Islamic treasury and trade finance matters.

In Focus

StanChart to close 43 Korea branches amidst strike

Nearly half of the lenders’ 6,500 employees here had a walkout to protest against a proposed incentive-based compensation system.

In Focus

Bank of China plans global expansion

Bank of China will continue to expand its overseas network despite becoming much more reliant on the domestic market in recent years. "By 2020, we expect to become a truly world-class bank," a China Daily report quoted BOC president Li Lihui as saying. The priority of setting up new overseas branches will be Asia in the next half year, Li told the newspaper.

In Focus

Philippines’ central bank approves banks to open 100 new branches

The ruling will enable lenders cater to financial needs of booming business activities in the country especially in rural areas.

In Focus

Singapore Banks may have to make less risky loans to meet new capital requirements

But analysts breathe a sigh of relief that new capital levels not too tight.

In Focus

Singapore’s big 3: New capital rules no big deal

Robust capital and financial standing of DBS, OCBC and UOB make them easy to comply with the new MAS ruling.

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China and India bank applies for licenses in Australia

AgBank, BoCom, Bank of Baroda, and Union Bank of India among the ten international banks to exploit Australia’s booming mining and resources industry.

In Focus

India’s public sector banks target increased African presence

Yet bankers doubt India’s capacity for a large exposure in fundings for mergers and acquisitions which is enjoyed by global banks.

In Focus

China regulator lays down policies to aid SMEs

CBRC measure to help small businesses in some coastal areas whose condition at present is worse than during the peak of 2008 global financial crisis.

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China to overtake US as biggest banking economy by 2023—PwC

Experts expect domestic banking assets to exceed US$30 trillion by 2030.

In Focus

Chinese banks expanding Hong Kong renminbi deposit base

Lenders establishing renminbi deposit pools to make way for renminbi-denominated businesses such as trade finance and lending.

In Focus

India public sector banks to employ over 400,000

Hiring spree is prompted by the fact that a large chunk of 1mn PSB employees will retire in the next two years.

In Focus

HSBC eyes to extend renminbi products to Australia

The lender’s introduction of new products to Australia to hedge their currency risk in doing business with China, a major consumer of Australian mineral and energy resources.

In Focus