News

Japan Post Bank to offer housing loans

Japan Post Bank has been conditionally allowed by the government to launch three new businesses.

Japan Post Bank to offer housing loans

Japan Post Bank has been conditionally allowed by the government to launch three new businesses.

Vietnam's central bank gov blames media for bank problems

State Bank of Vietnam governor Nguyen Van Binh blamed media for 50 percent of the banking sector’s problems.

3 reasons why cross-border RMB business is lucrative for BOC

Its offshore settlement reached RMB948bn, a 30% market share.

Taiwan’s Chinatrust targets Tokyo Star Bank for US$580M

Taiwan’s Chinatrust is in talks to take over Tokyo Star Bank for US$580M.

India's Dena Bank to restructure SME loans

Dena Bank announced it will work out a loan restructuring package for SMEs.

Malaysia's banking sector to grow by 8-10%: OSK

Find out what will drive this growth in 2013.

Excess CNH liquidity won't be an issue: BOCHK

Hong Kong banks can easily transfer CNH to their mainland subsidiaries.

Philippines' BDO Unibank opens Singapore office

It's located at the new One Raffles Place.

HSBC and Intel to establish first cross-border sweeping structure in China

The scheme aims to centralise foreign currency management for multinational companies.

CIMB unveils revamped internet banking portal

Check out the new highlights of CIMB Clicks.

UBS to face Hong Kong interest rate misconduct probe

Hong Kong is investigating UBS over the Asian financial center’s benchmark interest rate.

China's Minsheng Bank reports $47.62-B in micro-credit

Minsheng Bank's micro-lending topped 300 billion yuan or US$47.62 billion.

Chinese banks ordered to do internal scrutiny within 15 days

China government issued "internal and extra urgent" notice last Friday.

China targets CNY9t new loans for FY13

It's up from the CNY8t target in FY12.