More News
China liberalizes interest rates
China raised the ceiling on deposit rates to 110 percent of the benchmark from 100 percent. This is in addition to the parallel 25-basis-point cut in the benchmark deposit and loan rates.
China liberalizes interest rates
China raised the ceiling on deposit rates to 110 percent of the benchmark from 100 percent. This is in addition to the parallel 25-basis-point cut in the benchmark deposit and loan rates.
Another Korean savings bank fiasco looming
South Korea's financial regulators have begun sorting out 94 savings banks which survived the previous three rounds of expulsions.
S. Korea's Eximbank pursues repayment from N. Korea's Chosun Trade Bank
South Korea's Export-Import Bank of Korea has called on North Korea's Chosun Trade Bank to pay back food loans that became due this week.
Agribank offers $477M in low-interest loans for exporters, importers
Agribank will provide preferential loans worth VND 10 trillion or US$477.4 million for exporters and importers at a 12% annual interest rate.
Vietinbank, BIDV evaluated stable by S&P
Vietinbank and BIDV received a stable rating from Standard and Poor's, improving from its previous negative mark.
Talks of BEA divesting its shares push Affin to highest since August
Shares of Affin Holdings Bhd surged to RM3.38, on speculation that Bank of East Asia could be divesting its 23.5% stake in Affin.
Morgan Stanley to engage in commercial banking in India
The Reserve Bank of India has approved Morgan Stanley's application to engage in commercial banking in India.
ANZ takes credit for delaying interest rate cuts
ANZ is claiming credit for initiating independence from the central bank in determining interest rates.
Malaysia luring gulf banks with Islamic facility
Malaysia's centra lbank is luring commercial banks from the Gulf to trade more in the country’s syariah-compliant money market with an Islamic overnight funding facility.
SBI launches cards for high net individuals
SBI Cards launched a 'signature' card targeted at the high net-worth individuals.
Public Bank to redeem 2005 notes
Public Bank is redeeming the US$400million subordinated notes it had issued on June 20, 2005.
VietinBank deploys Western Union via SMS
VietinBank becomes the first bank in Asia to successfully deploy Western Union money transfer via SMS.
Bill allowing 60% ownership of Philippine rural banks gets BSP support
The Philippine central bank is supporting the Senate and Lower House bills allowing 60% foreign ownership of rural banks.
Singapore's bank lending in April up 0.6%
Singapore's bank lending totaled 340.1 billion U.S. dollars in April, up from 338.0 billion U.S. dollars in March, according to statistics by the Monetary Authority of Singapore.
HSBC China to be among the first for direct RMB-Yen trading
HSBC China will be among first market makers for the direct trading of the renminbi and yen after it was approved by China's central bank.
Union Bank of Colombo announces 15% dividend
Union Bank of Colombo announced an interim dividend of 15 cents per share, further strengthening its premise in delivering stakeholder value.
VietinBank assigned to serve $80Mln ADB Loan
The State Bank of Vietnam has assigned VietinBank to service a project worth $80 million funded by the Asian Development Bank.
Thought Leadership Centre
In Association with
In Association with
Resource Center
Read Here
Advertise
Sign Up
Event News
Event News
Why Philippine banks, insurers embrace hyper-personalized services
![Why Philippine banks, insurers embrace hyper-personalized services]()
Insurance
Industry experts push for the rapid progress of unified customer data as a starting point.
Industry experts push for the rapid progress of unified customer data as a starting point.
Videos
Partner Sites
Thought Leadership Centre
In Association with
In Association with