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ABC downplays non-performing loans
Agricultural Bank of China will not raise equity to cope with a rise in its non-performing loan portfolio.
ABC downplays non-performing loans
Agricultural Bank of China will not raise equity to cope with a rise in its non-performing loan portfolio.
HSBC India found deficient vs laundering, terror financing
The staff of HSBC India have come under the scanner for deficiencies in acting as "offshore reviewers" against money laundering and terrorist financing.
Thailand's Kasikornbank to open rep office in Myanmar
Kasikornbank has received a license to open a representative office in Myanmar.
Kasikornbank's earnings buoyed by loans, NIM
Kasikornbank reported a 4.22 percvxvcent in its consolidated second-quarter net profit of Bt9.4 billion.
Woori Financial audits Woori Bank
Woori Financial Group audited Woori Bank for two months and found 30 insolvent loans worth US$8.76 million from May 7 to July 6.
Korean banks probed for fixing CD interest rates
Nine major South Korean banks arebeing investigated by the Fair Trade Commission on suspicion of colluding to fix the interest rates on certificates of deposit.
Policy measures needed to boost liberalization
China’s recent credit liberalization could be endangered by lax fiscal policies.
Thailand's KBank partners with Indonesia's BCA
Thailand's Kasikornbank has teamed up with Indonesia's Bank Central Asia in offering financial services to Thais doing business in Indonesia.
Krungthai Card targeting active spenders
Krungthai Card's focus on attracting active spenders resulted in an increase in credit-card spending and use of its personal-loan products.
Thai banks wary of high fund cost
Thailand's banks identified the mobilisation of funds to meet loan demand while keping fund cost as low as possible as one of its challenges.
Bank of Taiwan braces for clearing bank role
Bank of Taiwan is working to get the central bank's permission to become a clearing bank under the cross-strait currency clearing system.
China’s interest rate liberalization to hit bank profitability
Free market interest rates will hurt China’s banking sector but are inevitable.
Richest Pakistani eyes foray in Indian banking
Mian Mohammad Mansha is keen about providing banking services in India.
ICBC completes acquisition of U.S. bank
The US$140 deal was signed in January 2011 and approved by the Fed in May.
Mandiri wants bigger role in ASEAN market
Bank Mandiri will continue to make innovations in business development to become one of Southeast Asia's major banks.
Report shows Chinese banks lack transparency
Transparency International ranked Chinese banks at or near the bottom of a list of 105 international firms ranked for transparency.
More credit loans eyed for Vietnam businesses
Senior experts made online discussions of ways of handling low growth of credit loans in Vietnamese banks.
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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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