News

Big Four to cut shareholder dividends

These banks may reduce their dividend payout ratios by five percentage points to 35%.

Big Four to cut shareholder dividends

These banks may reduce their dividend payout ratios by five percentage points to 35%.

Barclays to reduce retail banking operations in India

Barclays will shut three of its nine bank branches in India by end of September to reduce it retail banking operations in the country.

Indonesia's finance sector to get $300M boost from ADB

Indonesia’s financial sector will get a $300 million loan from the Asian Development Bank to improve the operations of the local regulator, deepen capital markets and expand non-bank financing.

Standard Chartered to slowly 'chip away' at DBS' advantage

DBS remains the 'king of savings deposits,' says CIMB.

Analysts worry over OCBC's volatile non-interest income

OCBC's earnings will suffer significantly if bad debts head higher.

Taiwan to launch renminbi liberalization in November

Taiwan will begin its comprehensive renminbi-related businesses November 1 through authorized renminbi clearance banks.

Thai banks to lend more to SMEs

Thailand's banks are expected to lend more to SMEs next year due to new Basel requirements.

India's IDBI Bank eyes $500M to fund overseas growth

IDBI Bank plans to raise another USD 500 million through sales of foreign currency bonds to fund its overseas business growth.

Top Philippine banks post 19% increase in earnings

The Philippines' big banks pushed their net earnings up 18.68 percent in the first six months to P55.152 billion.

Malaysia's CIMB Bank still bullish on India

CIMB Bank is still eyeing opportunities in India despite the cancellation of its proposed acquisition of RBS operations in India. 

China's Big Four urged to grow bigger abroad

The government is urging its Big Four state-owned banks to ramp up overseas expansion to strengthen their global competitiveness.

44% of South Koreans distrust banks

Customer confidence in banking continues to deteriorate in Korea, according to a survey.

China's top 10 banks brace for slump

China's top ten banks will register slower growth during the rest of the this year due to economic slowdown and overdue loans, according to a report.

Maybank to establish banking presence in Thailand

Maybank hopes to complete its regional expansion in Southeast Asia by establishing a domestic retail and commercial banking presence in Thailand.

ICBC extends $19B loans to outgoing Chinese firms

The Industrial and Commercial Bank of China has committed to lend US$18.7 billion to Chinese firms that wish to expand their presence overseas.

Malaysia pushes for Islamic bank expansion in SE Asia

Malaysia's Islamic banks could get a greater role in managing sukuk by penetrating distribution channels to investors in Southeast Asia.

Japan announces US$128 billion stimulus

The Bank of Japan has extended its asset-purchasing scheme by US$128 billion to boost the moribund economy.