News
Commonwealth Bank cuts 3-year fixed rate home loans to 4.89% per annum
Some of its fixed home loan rates are at 20 year lows.
Commonwealth Bank cuts 3-year fixed rate home loans to 4.89% per annum
Some of its fixed home loan rates are at 20 year lows.
China, Africa using more RMB for direct trade settlements
Bank of China says more direct RMB settlements needed.
US$474 million needed to buy Vietnamese banks' NPLs
Bad debt bank will issue special bonds.
Mizuho looking at dividend hike and share buyback
But only if profit permits.
BoCom partners with global M&A adviser
Will focus on Chinese companies.
SBV issues plan to restructure commercial banks
Nine weak commercial banks are targets.
Major senior management reshuffle at MAS
Shake-up aimed at strengthening the central bank’s leadership.
South Korea maintains policy rate at 2.5%
Has major concerns about major downside economic risks.
Islamic banking conference to be held in Dhaka
Conference sponsored by Malaysia and Bangladesh.
Philippines’ China Bank posts H1 profit of US$68 million
Up 46% year-on-year on better core operations.
11 new Executive Directors for Indian public sector banks
Ministry of Finance issues order for promotions.
Vietnamese central bank to hold stakes in weak banks
State Bank of Vietnam will then restructure banks.
Metrobank's extraordinary gains for 2013 reaches PHP10.6b
Thanks to the sale of its 49% stake in GBP.
Analyst worried over UOB's property exposure
Housing loans account for 28% of UOB’s portfolio.
SBI fined US$9,000 for violating currency chest norms
Second penalty in two months for State Bank of India.
Philippines’ Banco de Oro in alliance with seven Japanese banks
To support Japanese SMEs investing in the Philippines.
SEA CFOs bullish about Asia’s growth prospects
Eight in 10 see revenue growth.