News
Thailand's SCB wants Laos and Myanmar, not Malaysia and Indonesia
Be regional banks.
Standard Chartered China gets approval for RMB3.3b loan quota
It is the first foreign bank to have been granted approval.
Guangdong opens data center for financial institutions
Fujitsu Technology Corporation builds US$29.5 million center.
Consolidation inevitable for Indian banks
Aim is to create mammoth banks that can compete globally.
Chinese financial reforms a must for GDP growth
Moody's says China must speed-up the pace of financial reform.
India's Bank of Maharashtra to open 220 branches in a year
To expand by 220 branches.
Cross Strait settlements to improve
Selection of Renminbi settlement bank proceeding cautiously.
India's Bank of Maharashtra targets high profit growth amid NPAs
50 percent net profit growth.
Bangkok Bank rather set up branches abroad than acquire
Size, stability and network.
CIMB Group's net profit up 12.6% to RM3b
Thanks to CIMB Niaga, CIMB Bank Singapore and Corporate Banking and Treasury Markets.
HSBC executes first RMB export settlement in Bangladesh
Bangladesh’s exports to China are expected to grow 12% in 2012.
CCB to do M&As abroad
Intends to become a global bank by 2015.
IFC to lend more to Asian banks
International Finance Corporation has US$5 billion to support bank trade financing.
Bank Mandiri to boost lending with bond sale
Rupiah and dollar-denominated bonds.
Indonesia revokes licenses of 28 money changers
Failure to meet minimum capital requirements.
HSBC Philippines warns against low T-bill rates
This would discourage lenders.
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Why Philippine banks, insurers embrace hyper-personalized services
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Insurance
Industry experts push for the rapid progress of unified customer data as a starting point.
Industry experts push for the rapid progress of unified customer data as a starting point.
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