News
ABC, Cathay United Bank sign cooperation agreement
ABC has signed a memorandum of understanding with Cathay United Bank to enter into broad cooperation in several areas.
ABC, Cathay United Bank sign cooperation agreement
ABC has signed a memorandum of understanding with Cathay United Bank to enter into broad cooperation in several areas.
Bank of China cross-border RMB settlement surpasses 1 trillion
As of the end of May 2011, Bank of China's cross-border RMB settlement transaction volume had remained the market-leading position with more than RMB 1 trillion.
China Exim Bank eyes multinational status
The Export-Import Bank of China intends to develop into a large multinational financial institution over the next five years.
KEB pays out record amount of dividend
KEB will pay out an interim dividend of 1,510 won or US$1.42 per share for the second quarter, allowing its biggest shareholder Lone Star Funds to get large profits.
Singapore banks show stunning loan growth at 24.2% YoY
And this is driven by business loans which expanded 27.5% in May.
China regulator hunts down abusers of wealth products
CBRC banned commercial banks to offer very high rates to attract deposits disguised as wealth management products.
NAB CEO allays fears on home loan debt
Clyne said the current European financial crisis has yet to affect its funding costs.
Visa and ANZ mobile payment project hits snag
Despite a successful trial, Visa and ANZ wait for technology to evolve to fully replace credit cards with mobile phone payments in Australia.
AgBank and Wuxi govt release $2.3bn PE fund
The lender and its local rivals take part in global rush to set up China-focused PE funds.
India’s public sector banks take steps on strike
Bank unions gave a strike call against India’s move to dilute its equity in banks and give foreign investors additional voting rights.
Mastercard breaches the great paywall of China
Under the agreement, MasterCard’s e-commerce platform will now accept China UnionPay Cards.
Westpac opens its 2nd branch in China
The new branch in the World Finance Centre in Beijing’s Central Business District is Westpac’s sixth office in the region.
Top 4 Australia banks ride on China’s growth
ANZ, NAB, Commonwealth Bank, and Westpac are competing for pole position in Australia’s largest trading partner.
China UnionPay and MasterCard inks Payment Gateway Service pact
The MOU between the companies will enable them to work together towards exploring mutually beneficial solutions to innovative payment businesses.
Korean government to impose stricter requirements on banks
Banks are required to meet the loan-to-deposit ratio of 100% by June 2012, earlier than the existing deadline of end 2013.
Westpac keen on securing CNY license
Westpac's ability to tap the booming trade between Australia and China will strengthen if CBRC grants the license.
2 Australian banks outsource 250 jobs overseas
Westpac and ANZ’s move that has cut jobs in mortgages operation and debt collection is condemned by FSU.
Thought Leadership Centre
In Association with
In Association with
Resource Center
Read Here
Advertise
Sign Up
Event News
Event News
Why Philippine banks, insurers embrace hyper-personalized services
![Why Philippine banks, insurers embrace hyper-personalized services]()
Insurance
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.
Videos
Partner Sites
Thought Leadership Centre
In Association with
In Association with