News
Thailand's Kiatnakin to increase SME lending 10-fold
Kiatnakin Bank hopes to boost its SME lending portfolio ten-fold through its newly-acquired knowledge gained from its merger with Phatra Capital.
Thailand's Kiatnakin to increase SME lending 10-fold
Kiatnakin Bank hopes to boost its SME lending portfolio ten-fold through its newly-acquired knowledge gained from its merger with Phatra Capital.
Thailand's KBank targets better-paying credit card users
Kasikornbank is pushing for more credit cards transactions for revolving credit, aiming to raise their proportion 55 to 60 percent in two years.
Malaysian banks continue expansion into China
Five of Malaysia’s 10 so called “anchor banking groups” are already doing business in China.
Taiwan and China select clearing banks
Taiwan and China have taken the next decisive step towards minimizing the influence of the US dollar over their trade transactions.
Indian and Pakistani banks opening in each other’s country
Pakistan and India have agreed to allow bank operations on a reciprocal basis to facilitate trade between both countries that have a history of violent animosity.
China pursues financial reform
The People's Bank of China unveiled a financial reform plan for the 2011-2015 period.
Bank of China becomes clearing settlement bank for CME
The New York branch of the Bank of China will become a clearing settlement bank and collateral custodian of CME Group, subject to regulatory approval.
Mobile Philippine bank aims for 1 million depositors
BPI Globe BanKo, which its owners claim is the world’s first mobile savings bank, intends to enroll one million depositors by 2013.
Tbank to increase lending to small provincial companies
Thanachart Bank plans to accelerate loan growth in its SME portfolio from small enterprises in the provinces.
Chinese stores urge for less bank card-swipe fees
The China Chain Store and Franchise Association urged the government to cut bank card-swipe fees charged to merchants.
CIMB expands SE Asian ATM Link
CIMB Thai's ATM network will be linked to CIMB in the Philippines, the sixth country of the CIMB ATM Regional Link.
SBI Cards plans to double its credit card base by March 2015
SBI Cards aims to more than double its credit cards in circulation over the next three years.
ICICI Bank to raise $500M through yuan
ICICI Bank plans to raise US$ 500 million through a Yuan bond being managed by Standard Chartered Bank.
Islamic finance players want balanced regulatory framework
Leading industry players in Islamic finance are requesting a balanced regulation that does not impede its growth or allow for abuse.
ICBC doubles cross-border RMB settlements
ICBC's total volume of cross-border RMB trade settlement jumped 94.6% year-on-year to RMB 790.1 billion in the first half of 2012.
Sacombank provides $24M loans for importers
Sacombank has allocated US$24 million for local importers to support businesses struggling in the industry.
Bank Negara Indonesia Syariah confident of meeting loan target
Bank Negara Indonesia's Islamic bank says it is confident of meeting its target of issuing $830 million or Rp 8 trillion in loans this year.
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Why Philippine banks, insurers embrace hyper-personalized services
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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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