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China sets new capital rules for commercial banks
China placed its banks under the regulatory supervision within the Basel III framework starting Jan.1, 2013.
China sets new capital rules for commercial banks
China placed its banks under the regulatory supervision within the Basel III framework starting Jan.1, 2013.
China's banking assets up by 19%
Assets of China's banking sector grew by 19.1 percent in 2011 to 105.8 trillion yuan or 16.8 trillion U.S. dollars.
Embezzler in 1997 Asian financial crisis sentenced to imprisonment
Rakesh Saxena, one of those accountable for the 1997 Asian Financial Crisis, has been sentenced to 10 years in prison for embezzlement.
KTC cancels inactive credit cards
Krungthai Card has cancelled about 40,000 inactive credit cards to cut operating costs.
Malaysia's Exim Bank collaborates with India's ICICI Bank and Yes Bank
Export-Import Bank of Malaysia has signed a collaborative deal with India's ICICI Bank and YES Bank, to further enhance Malaysia-India trade.
Dubai bank expanding Asian operations
State-owned Noor Islamic Bank seeks more business in Singapore and Malaysia to benefit from growth in Southeast Asia.
Basel III will have to wait
China will delay the implementation of tough new bank rules until next year.
Indian banks told to be serious with unclaimed deposits
The Reserve Bank of India advised banks to implement more processes in dealing with unclaimed deposits.
UBI inaugurates India's first 'talking' ATM
Union Bank of India became the first bank to make electronic banking easier for the visually impaired with its "talking" ATM.
Sterling Bank raises funds for expansion
Improved investor confidence leads to Sterling Bank of Asia raising US$11.5 million from the sale of Tier 2 notes.
CIMB targets 17-18% growth in retail deposits
CIMB Bank is hoping to grow its retail deposit business by 17 to 18% this year from RM53 billion last year.
European banks continue exodus from Asia
The dire Eurozone debt crisis is forcing more European banks to withdraw massive investments from Asia.
New Sacombank managers pursue merger partners
Outsiders who successfully took control of Sacombank are pursuing mergers with other banks.
China’s banking "reforms" an illusion
China’s heavily hyped banking reforms look more like a gimmick than the real deal.
Audit uncovers rule violations by ICBC, Citic
ICBC and the Citic Group were found to have violated several financial regulations in a routine audit by the National Audit Office.
Russian banks to forge closer ties with Chinese partners
Russian banks expect to sign agreements with Chinese partners on financing several projects in Russia during President Vladimir Putin's visit to China next week.
TSB gears up for competition - CEO
Financial results for the TSB Bank showed 10% growth in profit to $66.5 million.
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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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