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Malaysian banks hail central bank financing guidelines
The Association of Banks in Malaysia hailed Bank Negara's Guidelines on Responsible Financing.
Malaysian banks hail central bank financing guidelines
The Association of Banks in Malaysia hailed Bank Negara's Guidelines on Responsible Financing.
Bank Indonesia sees need for e-money regulations
Bank Indonesia is calling for regulators to monitor purchases and banking transcations made through cellphones.
Bank Rakyat eyes more acquisitions
Bank Rakyat Indonesia's local expansion plans include buying into a local brokerage company or acquiring a bank.
Morgan Stanley to put up Indonesian brokerage
Morgan Stanley plans to set up a brokerage business in Indonesia in the middle of next year to capitalize on its accelerating economy.
Metrobank nine month profit up 47.6% to $205.08mn
The lender's performance brought the bank’s annualized return on equity to 12.3%.
Maybank's first quarter profit up 25% to $409.4mn
Yet the lender is still cautious of weakening global economic conditions which could signal rough times ahead.
Chinese banks asked to stop selling short-term investment products
Local banks have been advised to stop selling short-term investment products by the China Banking Regulatory Commission.
OCBC Bank issues loans to acquire Australian properties
OCBC Overseas Property Financing-Australia is also a ringgit-based loan.
Busan Bank’s loan growth plans too ambitious: Fitch
The ratings agency revised the Korea-based bank’s outlook to stable from positive, as there's a risk that its loans may grow well beyond the industry's average.
OCBC Bank invests $20m in Singapore
56 OCBC branches will now have a new account opening system.
Korea's regulator to decide on Lone Star's stake sale this week
South Korea's Financial Services Commission will decide this week whether to order Lone Star Funds to lower its 51.02 percent stake in KEB to 10 percent.
Woori Bank to sue Citi, BoA, RBS over losses
Woori Bank plans to sue 3 foreign banks in a New York federal court due to improper sale of risky derivatives that caused it to incur heavy losses.
CCB says Bank of America deal won't affect development
A China Construction Bank spokesman said that Bank of America's decision to sell most of its CCB shares will not affect CCB's development.
Bank Islam eyes Indonesian expansion
Bank Islam Malaysia Bhd plans to expand its operations in Indonesia and other countries where there are a majority of Muslims.
China Construction Bank Corp loses ties with Bank of America
BofA will sell its remaining 10.4 billion CCB shares to private investors this month.
Korean banks increase long-term foreign borrowing
South Korean banks rushed to secure long-term foreign currency loans to prepare for a possible crisis.
Japanese megabanks' net profits better than expected
The net profits of Sumitomo Mitsui Financial Group Inc. and Mitsubishi UFJ Financial Group Inc. from April to September came in better than initial estimates.
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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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