News
Taiwan includes renminbi in central bank forex reserves
Recognizes globalization of the renminbi.
Taiwan includes renminbi in central bank forex reserves
Recognizes globalization of the renminbi.
Chinese Supreme Court urges careful handling of shadow banking cases
This will promote healthy development of private investment.
Why analyst thinks China's larger banks will outperform its smaller rivals
Weaker NIM progression seen for smaller banks.
PBOC could expand gold importers list
Might allow more companies to import and export gold.
DBS China's sub-branch expansion in Shanghai FTZ gets go-ahead
It'll service corporate clients in the area.
RMB deposits in Hong Kong up 2.1% to RMB709.5b
Hong Kong-dollar deposits also rose 0.6%.
Indian banks' asset quality pressures feared to persist
Will they ever get out of this problematic hole?
PBOC will push through with reforms
Also intends to keep policy steady with timely fine-tuning.
Citi China gets a nod on Shanghai FTZ sub-branch plans
A milestone for Citi China.
Singapore's total bank lending up 0.3%
Slight increases recorded in these segments.
Vietnam turns to the UK for banking expertise
Will expand cooperation in banking and finance.
Domestic banks in Shanghai FTZ get Beijing nod for offshore business
Part of reforms to arrest economic slowdown.
Consumer finance companies to open in 10 more Chinese cities
Fourteen cities now have these companies.
ANZ eyes bid for Wing Hang Bank
UOB also considers bidding for this bank.
Here's how CCB's mortgage business races ahead of peers
It commanded 22% of the residential mortgage market in 2012.
OCBC beats other Singapore banks in strongest balance sheet ranking
It landed on the 8th spot.
Eleven investors bid for Woori Finance’s regional banks
Part of attempt to privatize Korea’s largest bank.