News
Check out which banks won at the Asian Banking and Finance Awards 2013
Nearly 200 senior bankers graced the awards night in Singapore.
China will scrap ABS quota for banks
Desperate need to provide more credit for weak economy.
KDB raises Euro 200 million
Taps existing Euro 500 million issuance.
Bank Indonesia’s first FX swap auction oversubscribed
Takes in US$1.24 billion.
CIPS to debut in Shanghai in 2014
3Part of campaign to internationalize the RMB.
Eight Chinese banks accept payments made using NFC
Smartphones need an app called “Wallet” to use NFC.
Big Four state-owned banks are world’s richest
Dominate list of banks with highest net interest income.
BTMU strengthens Islamic finance services in Malaysia
Japanese bank pioneers in offering Islamic products and services.
India hikes interest rates again
Part of frantic effort to stop rupee’s plunge.
Chinese banks boost loans to SMEs
Lending hits US$2.58 trillion in May.
Bank Negara Indonesia enters into business cooperation agreement with Orix
It’s BNI’s first such agreement with a Japanese financial firm.
India’s financial services sector hit by Morgan Stanley downgrade
Rating cut to “cautious” from “in-line.”
RBI fines 22 banks US$8.3 million
Banks penalized for breaking anti-money laundering and other regulations.
PBOC to adjust liquidity when needed
China’s economic growth facing massive downward pressures.
Bank Islam expanding into Southeast Asia
Is particularly interested in Indonesia.
CCB will open in Luxembourg
Will become third Chinese bank to do so.
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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.
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