News

BNI eyes to boost deposits with more Japanese customers

Bank Negara Indonesia to get more Japanese companies to deposit their funds with them following a partnership agreement with Joyo Bank.

BNI eyes to boost deposits with more Japanese customers

Bank Negara Indonesia to get more Japanese companies to deposit their funds with them following a partnership agreement with Joyo Bank.

Philippines' BDO to add as many branches as possible

Banco De Oro plans to add as many branches that it could handle to its 740-plus network.

Indian banks' credit growth stagnant in first 5 months of FY13

Dampened investor sentiment caused Indian banks to experience almost stagnant credit growth in the first five months of the fiscal year starting April.

What you need to know about Maybank's 2 new retirement plans

Maybank aims to get RM250 million in premiums in the first year.

Chinese banks' lending likely to rebound slightly

China's banks might have lent some US$95 billion in August, a 14% rise spurred by the government's injection of more money into the reeling Chinese economy.

Bank Muamalat ups Q1 net by 41.6%

Bank Muamalat's increased its by net profit 41.6 per cent to RM45.2 million for the first quarter ended June

ANZ customers allowed to challenge fees

Australia's High Court unanimously allowed a class action representing 38,000 ANZ customers to challenge a wide range of "exception fees".

Bank of Tokyo to increase Australian lending

Japan’s largest bank could invest billions of dollars to fund Australian home loans through other means.

SBI ties up with the Japan Bank for International Cooperation

State Bank of India has signed an agreement that will allow it to support funding needs of Japanese companies in India.

Indian Banks need US$90B more capital under Basel III

Indian banks needs an additional US$90 billion to meet Basel III capital Requirements by March 2018.

Thailand's TMB Bank focuses on lending to exporters

TMB Bank wants to build its export loan portfolio by adding attractive features for supply-chain solutions for exporters and their suppliers.

Ballooning local government debt threatens Big Four

Loans by China's Big Four banks to local government financing vehicles (LGFVs) amounting to US$410 billion from January to June has increased the risk of default by these entities.

Delinquency ratio up for Korean card firms

Delinquency ratio before provisioning of South Korean card companies rose by 0.06 percentage point in the second quarter from the previous quarter.

Nomura to slice US$1 billion in massive cost cutting

Nomura Holdings intends to save up to US$1 billion in a worldwide cost cutting program centered on its wholesale division.

Indian banks have $446M of unclaimed deposits

The Indian government wants unclaimed funds amounting to US$446,825,738 from Indian banks of more than 10 years be credited to a new fund.

State Bank of India to assist Japanese SMEs

State Bank of India and the Japan Bank for International Cooperation will help small companies Japan do business in India.

Agricultural Bank of China first half profits surges by 20.8%

Agricultural Bank of China's profits jumped 20.8 percent year on year in the first half of the year to 80.52 billion yuan.