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India's PNB files application to operate in Pakistan
Punjab National Bank has filed an application to open branches in Lahore and Karachi.
India's PNB files application to operate in Pakistan
Punjab National Bank has filed an application to open branches in Lahore and Karachi.
South Korea's financial firms cope with economic slump
South Korean financial firms are implementing pay cuts and layoffs as the global economic slump threatens their profits.
Stiffer capital rules eyed for Korea's banks
Stricter capital rules under Basel III will be implemented among Korea's banking groups starting next year.
Massive liquidity injection fails to ease liquidity
The People’s Bank of China has released RMB220 billion into the banking system via reverse repo.
Maybank posts $862M first half profits
Maybank's profits rose by 21.2 percent to 2.7 billion Malaysian ringgit or US$862 million in the first half from the same period last year.
India and Pakistan to host each other's banks
India and Pakistan have agreed to host two banks from each other.
Malaysia still tops Islamic finance sector
Malaysia still leads in Islamic finance trailed by Singapore, which is striving to create more business in the sector.
China to miss annual credit supply target
New loans extended by Chinese banks in July came to just US$84.9 billion against an expected US$110 billion, the lowest level since October 2011.
Group exposure guidelines beneficial to Indian banks: Moody's
The Reserve Bank of India released draft guidelines to limit banks' exposure to their own group non-financial and financial entities.
China's Big 4 accelerate new loans
The "big four" Chinese banks extended 70 billion yuan or $11 billion worth of yuan-denominated loans in the first half of August.
Number of China's bank cards on the rise
Around 3.23 billion bank cards were issued in China as of the end of the second quarter.
Pessimistic forecasts for China’s banking sector
China’s first private bank posted a second-quarter net income 20% larger than the year before but triggered a sell-off at the Hong Kong exchange that dragged down other major Chinese banks.
ANZ Bank posts 10% increase in profits
ANZ Bank profited A$4.4 billion for the nine months to June for a 10 percent increase of profits.
Visa prepares for e-payments in Myanmar
Visa has stared a series of training workshops to prepare selected local banks for the introduction of electronic payments in Myanmar.
Alliance sees growth in Malaysia's consumer, SME sectors
Alliance Financial Group is pushing for more more business in the consumer and SME sector.
Indian ATMs to double; accept deposits
Indian banks have been asked to double the number of ATMs and upgrade it cash collecting machines.
Chinese banks face worsening short-term liquidity
A steady fall in foreign direct investments are crimping the expansion of China’s monetary base.
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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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