News

Bank Rakyat Indonesia's growth in micro loans feared to slow

Average loan yields in micro loans have dropped to 20% in 2012.

Chinese banks demand tougher regulation of non-financial institutions

Ask government to draft rules to head off higher risk.

Vietnam to allow foreign investors to expand ownership in local banks

Move is meant to entice foreign investors into its troubled banking sector.

BIDV signs cooperation agreement with IIB

Bank for Investment and Development of Vietnam will receive US$65 million credit.

Small Hong Kong banks dead set on expanding abroad

Blame it on competitive pressure in a mature low interest-rate Hong Kong market.

Bank Mandiri's branch network now 1.8 times the size of BCA's

Branch network increased by 1.6 times between 2009 and 2012.

Hong Kong banks' system deposits up 2.9% in January

Thanks to the 3.6% growth in HK$ deposits.

Philippines urges banks to boost OFW bank savings

Attractive financial instruments needed to achieve this.

UOB's profit growth to be skewed towards regions outside Singapore

Profit contributions from Indonesia, Malaysia and Thailand rose to 26% in 2012.