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).
Single-digit loan growth looms over Singapore banks in 2013
November 2012 saw growth stalling to 15.9%.
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.