News

China's ICBC targets expansion in East Malaysia

ICBC sees its expansion in Kuching as a gateway to further expand throughout the Sarawak and into Sabah.

China's ICBC targets expansion in East Malaysia

ICBC sees its expansion in Kuching as a gateway to further expand throughout the Sarawak and into Sabah.

China banks no longer the main sources of long-term financing

They just provided 25% of financing to corporates in 2012.

Maybank injects US$100m capital for growth in the Philippines

It recently invested US$48m for a new head office in Manila.

Foreign banks protest proposed Indonesian banking law

Bill also limits investors to a controlling share in only one bank.

China claims foreign banks upbeat about its economy

Weak US recovery and the persistent Eurozone crisis make China a better bet.

PBOC to speed-up SLOs

Central bank to begin carrying out more Short-term Liquidity Operations (SLO).

China to cut bank card fees

Move aims to spark domestic consumption in wake of inevitable economic slowdown.

New Zealand banks leads in loan-to-deposit ratio

Bests 13 other Asia-Pacific countries, said Moody's Investors Service.

This is what HSBC's China stake restructuring does to its capital position

It increases HSBC's 2013 fully loaded Basel III core Tier 1 ratio by 80bp to 11.5%.

Check out Maybank's new debit card featuring Superman

The card targets young adults and will be available in 1Q13.

Shinhan Bank raises $350-M through bonds

Shinhan Bank will have US350 million to refinance its debts and extend loans to smaller companies.

Philippine Business Bank to IPO

February IPO could earn some US$99 million.

Bank Muamalat to expand branch network

Will sell sukuk Islamic bonds to finance expansion.

Mizuho Securities M&A team to be based in Singapore

Investment banker to open advisory business to leverage M&A boom in Asia.

See how US investors are now more positive on China banks

They say China banks’ valuations are not expensive despite the 40% share price rally.

PNB-Allied Bank merger to be completed in February

Consolidated earnings expected to decline 7.5% to PHP5.7b this year.