News

Malaysian Islamic finance sector gains global ground

Malaysia’s Islamic finance services sector now boasts of the world’s largest sukuk market.

Malaysian Islamic finance sector gains global ground

Malaysia’s Islamic finance services sector now boasts of the world’s largest sukuk market.

Yes Bank, IndusInd target Indian retail assets of RBS

Yes Bank and IndusInd Bank are negotiating to acquire Royal Bank of Scotland's Indian retail assets.

Online banking fraud in Malaysia on the decline

Efforts by Malaysian banks to ensure the safety of e-banking services are paying off.

Indonesian credit card issuers brace for tougher competition

Credit cards in circulation in Indonesia is expected to grow by around 17 million this year.

Myanmar to reform banking system

Myanmar has set its sights on overhauling its battered and distrusted banking system.

China to use forex reserves for commercial loans

China has set up an office to handle trusted loans of foreign exchange reserves.

Improved access to credit urged in Thailand

Thai experts wants reduction of people's dependence on loan sharks be pushed on to the national agenda.

Competition in Korean card industry intensifies

Woori Financial will spin off its credit-card unit.

Thailand's TMB Bank slashes NPLs, eyes profitability

TMB Bank is now focusing on return on equity and sustainable profitability.

Singapore banks' mortgage loans to grow by 8% in 2013

Thanks to natural new home buyers and HDB upgraders.

Here's why ICBC outperformed CCB

Find out the 2 factors that led to ICBC's outperformance.

Indian banks seek relief from liquidity squeeze

Look to the Reserve Bank of India to conduct OMOs.

Pakistan wants more branchless banking

There exists a large ‘financially-excluded’ market in Pakistan.

Thailand's SCB aims for double-digit lending growth

Siam Commercial Bank unveiled its plans for 2013 to boost growth.

Siam Commercial Bank takes bigger role as financial adviser

Siam Commercial Bank has gradually reduced its role as a lender for wholesale customers.

S.Korean credit card firms slash rates

South Korean credit card firms vowed to support the low-income bracket with lower interest rates.

Bank service said to affect domestic bliss

A China Merchants Bank service could deposit part of a husband's monthly salary into his wife's account.