News
Korea Eximbank sets up Philippine office
Korea Eximbank has set up an office in the Philippines in anticipation of the expected rise in investments from South Korean firms.
Korea Eximbank sets up Philippine office
Korea Eximbank has set up an office in the Philippines in anticipation of the expected rise in investments from South Korean firms.
UBI targets to boost credit growth by 20%
Union Bank of India intends to open three overseas branches by early 2013 to achieve this goal.
Malaysian banks to relocate off-site ATMs for security purposes
A spate of high-profile robberies in the Klang Valley had Malaysian banks thinking of removing ATMs in malls, supermarkets, petrol and rail stations.
Temasek in search of energy investments
Data from Temasek showed that resources and energy accounted for 6% of its portfolio as of the end of March.
Philippines' BDO targets loan growth of 20%, income growth of 19%
BDO expects a loan growth of over 20-percent in the next three to five years with the expanding economy.
Indonesia's BCA expects less lending due to down payment regulations
PT Bank Central Asia expects lower consumer lending due to the implementation of minimum down payments.
China's ICBC takes controlling interest in US bank
ICBC became the first Chinese lender to take a controlling interest in a U.S. bank after completing its 80-percent purchase of BEA.
Net drops 57% as lending grows for Indonesia's Bank Mutiara
Bank Mutiara's net profits fell 57 percent to Rp 86 billion or US$9 million in the first semester.
Indonesia's Mandiri enjoys loan growth with small home financing
Bank Mandiri's mortgage loans grew by 29 to 30 percent in the first half as it expanded into financing smaller houses.
Nepal's Mega Bank to form alliances with other Asian banks
Mega Bank has announced a plan to enter into strategic alliance with leading banks in South Asia and other Asian countries within next five years.
Singapore to grant Qualifying Full Bank privileges to 2 Chinese banks
Two Chinese banks will be granted Qualifying Full Bank privileges in Singapore wth one of them to be also authorized as a clearing bank for Renminbi.
Number of Thai banks may be reduced
The number of Thailand’s banks may shrink from 14 to as few as five.
SIBOS 2015 to be held in Singapore
The world's biggest banking show will be back in Singapore after 12 years and promises to be a showstopper at the Marina Bay Sands.
Banks come to the rescue of struggling Indian exporters
The Indian government is turning to its banking sector to prop-up its sagging economy.
StanChart makes KL its Islamic banking hub
Standard Chartered Bank is making Kuala Lumpur its global business hub for Islamic consumer banking as part of its strategy to grow its Islamic banking business.
National Bank Of Abu Dhabi expands in Malaysia
The National Bank of Abu Dhabi has opened its wholly-owned subsidiary in Malaysia to extend its expansion to 14 countries.
Chinese banks to see lower profits this year
The banking sector could see a large drop in profits this year due to domestic and international financial turmoil.
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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.
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