News
KB Financial shows interest on Woori
KB Kookmin Bank President Min Byung-duk reportedly met with the bank’s labor union and proposed making a bid for Woori if the employees are also in favor.
KB Financial shows interest on Woori
KB Kookmin Bank President Min Byung-duk reportedly met with the bank’s labor union and proposed making a bid for Woori if the employees are also in favor.
India fails to arrest rupee’s slide
India puts forward an underwhelming response to save the embattled rupee.
Vietnam stopping use of gold for savings, lending
Vietnam's credit organisations are being required by the State Bank of Vietnam to refuse depositing and lending of gold.
Bangladeshis deprived of bank loans due to govt borrowing: politician
Bangladeshi banks could no longer lend to clients due to excessive borrowings by the government.
Indian government assails downgrade of banks
India vents its anger on the stunning downgrade of some of its larger banks by Fitch Ratings, Ltd.
Bank Indonesia identifies 3 bank ownership standards
Investors wanting to own 40 to 90 percent of Indonesian banks should be healthy, should be listed and agrees to buy debt certificates that can be converted into equity.
Big Four Chinese bank to open in Canada
Agricultural Bank of China continues its North American expansion.
China and Brazil sign banking supervision agreement
A new agreement improves government oversight of their banks in each country.
Syndicate Bank to focus more on retail banking, SME loans
Syndicate Bank is looking to intensify its fee income, retail and SME loans to boost its balance sheet.
Mizuho Financial buys Brazilian bank
Japan’s third-biggest bank by market value continues to gobble up foreign assets.
Nonghyup Financial awaits $865.9M government infusion
Nonghyup Financial Group recorded the lowest BIS ratio among Korean banks in May with 11.09 percent.
Taiwanese banks headed for profitability in Cambodia
One of one of the largest commercial banks in Taiwan continues its expansion in Southeast Asia.
Reliance Finance eyes 16% credit growth
Reliance Commercial Finance will increase focus on SMEs to achieve its target credit growth rate of 15-16 percent this fiscal.
Massive bank bad debts endanger Vietnamese economy
The stimulus that led to Vietnam’s huge economic growth the past decade has raised a huge problem of its own.
SME Bank taps BSN branches for collection
With better a collection system, SME Bank expects its NPLs to decrease to 15% by year-end, from 17% last year.
Bank of Ceylon records $7.53B balance sheet
Bank of Ceylon recorded Rs one trillion or US$7.53 biilion balance sheet at the end May, becaming the first corporate entity in Sri Lanka to do so.
Top Chinese bank makes it to the USA
One of China’s “Big Four” will open for business in New York this summer.
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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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