News
ICBC funds South African renewable energy projects
China’s largest bank signs US$2 billion financing agreement.
ICBC funds South African renewable energy projects
China’s largest bank signs US$2 billion financing agreement.
Direct bank trading of renminbi and Australian dollar imminent
Test run of direct trading at banks currently ongoing.
Indian banks to disclose 5.35% plunge in profits
Bank of America-Merrill Lynch report says state-run banks to be hardest hit.
BDO aims for 800 branches in 2013
Branch expansion a hedge against tougher regional competition.
Local Chinese government debt could really be US$3.2 trillion
Amount owed banks in 2011 is double official estimates.
India to impose new accounting standards on banks
International Financial Reporting Standards to be implemented in 2016.
RBI considers new interest rate cut
It’s needed to push India’s economic growth to 8%.
HSBC and BoCom sign renminbi business deal
Memorandum of understanding covers cross-border renminbi business cooperation.
Japanese Big Three megabanks aiding Myanmar
Provide assistance to government agencies and others on managing infrastructure loans.
ICBC to acquire stake in major Taiwan bank
Industrial & Commercial Bank of China Ltd. plans to buy 20% of Bank SinoPac.
Chinese banks' shares underperform for the second consecutive month
Blame it CBRC's new rules for the WMP market.
Planned BRICS bank to complement World Bank
But intends to break the grip of Americans, Europeans and Japanese in major lending institutions.
ICBC launches renminbi clearing services in Singapore
Also inaugurates three new “hubs” focusing on renminbi businesses.
UOB Mobile records 1m transactions every month
More than 70% of UOB customers use the App.
What to expect of BOCHK in 2013
Offshore RMB business is key.
Australia to secure currency conversion deal with China
Government green lights deal that should cut the costs of doing business with China.
China-Taiwan banking consultations continue
China said talks with Taiwan should produce “good results”.
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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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