News
China Citic Bank reports 33% jump in net profits
This due to higher net interest income, fees and commissions.
China Citic Bank reports 33% jump in net profits
This due to higher net interest income, fees and commissions.
Guess which Hong Kong banks will be badly hit by lower commercial property prices
Analyst predicts a 10% fall in prices.
Asian banks warned against rising household debt
Guess which countries will be badly hit?
Bank of East Asia opens Manchester Branch in the UK
Cocktail reception was held last Friday.
Mizuho Bank chairman, other executives resign over yakuza loans
President fined but not fired.
UBS now largest private bank in Asia-Pacific
Indicates UBS’ resurgence following recent scandals.
Mizuho to punish bank executives over loans to gangsters
Scandal taints group president Yasuhiro Sato.
AgBank dumping bad assets
Has highest NPL ratio among all 17 publicly traded banks.
2 reasons why Hong Kong banks' mortgage rates could spike
Seen to rise ahead of US rate hikes.
Why analysts aren't surprised Singapore banks' system loan growth is spiraling down
Will it ever normalise?
Indonesia’s banking credit to slow down in 2014
Caused by effort to stabilize the economy. Central bank governor Agus Martowardojo expects credit to expand slower from 15.5% to 16.3% next year from this year's credit growth estimate of 20%. Part of the stabilization program is the effort to keep the Indonesia’s current account deficit at a favorable level, he said. High interest rates in the banking sector are also causing banking credit to falter. "With the current higher banks' interest rate, it is going to push the growth of the credit to the range (of 15.5% to 16.3%)," said Martowardojo.
Philippines’ Metrobank plans to raise US$464 million
Will tap the market for negotiable long-term deposit instruments.
Philippine central bank approves 143 applications for new bank offices
Approval was granted from April to June.
Here's why some Asian Central Banks are raising rates
An easy exit from their current account deficits?
2 risks that could drag Thai banks' growth outlook
Moody's tags outlook as 'stable'.
Aussie central bank gets US$8.8 billion from government
Infusion to strengthen the bank’s financial position.
Taiwan’s RTGS system adds renminbi to Swift platform
Is a faster and more efficient way of processing RMB.
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Why Philippine banks, insurers embrace hyper-personalized services
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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.
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