News
Korean banks in cutthroat fight for customers
Korean banks are luring new customers by offering them great deals.
Korean banks in cutthroat fight for customers
Korean banks are luring new customers by offering them great deals.
Direct yen-yuan trading to begin this week
China has taken a key step towards making the yuan or renminbi a truly global currency.
Laos-Vietnam Bank to double chartered capital
Laos-Vietnam Bank will double its chartered capital to 70 million USD in June 2012 from the current 37.5 million USD from June 2012.
ANZ targets top spot in Indonesian lending business by 2015
ANZ Indonesia will focus on lending to exporters as it aims to be Indonesia’s leading lender to commercial businesses within three years.
Internet banking not popular in Indonesia
Transaction complexity is holding back the growth of Internet banking in Indonesia.
RHB Capital agrees to acquire OSK for $625.9M
RHB Capital Bhd has signed a deal to acquire OSK Investment Bank Bhd for RM1.977 billion or US$625.9 million in cash and stocks.
Maybank targets Greater China for investment banking
Maybank Investment Bank Berhad (MIB) has obtained an investment banking licence from Hong Kong.
Chinese businesses shun bank loans as economy worsens
China’s banking sector is lending less and less because of the spreading economic slowdown.
Potential buyers back out of Ta Chong Bank sale
Shares of Ta Chong Bank plunged after potential buyers of the bank had walked away from a possible acquisition.
South Korean banks struggle against massive household debt
Government and banking sector moves to reduce household debt begin to pay off
EastWest Bank records good numbers
The Philippines’ EastWest Banking Corporation posts industry leading numbers for the first quarter.
Hana raided over savings bank scandal
The main office of Hana Capital in southern Seoul have been raided by prosecutors for its role in the Mirae Savings Bank scandal.
Bad loan ratio rises in April for S. Korea's banks
A rise in fresh loan delinquency numbers brought the bad loan ratio up in April for banks in South Korea.
Bank Syariah Mandiri posts Q1 net profit of $20.6M
Margin income and profit sharing pushed Bank Syariah Mandiri's first quarter net profit up by 42.87 percent from last year to Rp192.72 billion or US$20.6 million.
Bank Permata targets $75.6M capital increase
Bank Permata is hoping to beef up its capital by up to US$75.6 million or Rp 700 billion from the first issuance of subordinated bonds.
Chinese banks see drop in bad loans
China's banks reported a reduction in bad loans fall and the maintenance of capital strength in the first three months of 2012.
Singaporean banks prove resilience in stress test: Fitch
Fitch says Singapore banks can fully absorb asset-quality shocks through their earnings alone, thereby leaving a limited impairment risk on capital.
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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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