News
China denies foreign exchange withdrawal
Chinese banks post forex deficit of US$400 million in June.
China denies foreign exchange withdrawal
Chinese banks post forex deficit of US$400 million in June.
CIMB launches institutional brokerage business in Taiwan
Becomes first Malaysian bank operating a brokerage business.
Growing household debt in Singapore worries banks
Many households overborrowing in the property market.
Bank funding slows in South Korea
Low interest margins putting a brake on growth.
Danamon reports US$12 billion loans in H1
Non-performing loans ratio at 2.4%.
ANZ, NAB least liked Australian banks
Business customers rank both the worst for 12 months.
Siam Commercial Bank's net profit dipped 4% to THB12.6b
The NIM was flat at 3.1%.
Why there's nothing to worry about Singapore banks' domestic nonperforming loans
It never exceeded 3% during crisis.
Here's why Indonesian banks' NIMs could be stagnant
Funding cost pressure raised on smaller banks.
ICICI to launch mobile payment system
Visa will be its partner.
Philippine banks open 211 branches in Q1
Permits greater access to formal financial services.
China banks' June net forex sales plunge 62%
Dramatic drop suggests accelerating capital outflow.
Financial products in Chinese banks stand at US$1.6 trillion
Indicates growing innovation among Chinese banks.
DBS partners with ACI Worldwide for first-of-its-kind corporate online banking platform
DBS IDEAL 3.0 now gets empowered by ACI.
Indonesian banks warned of an imminent funding cost pressure
Banks may be more nervous to fund credit growth.
Standard Chartered China completes RMB2.7b cross-border lending deal
It's the first deal post-PBOC's circular.
Malaysia launches mobile payment channel
MyMobile will eventually be interoperable between all banks.