News
Looming resignation of PM Kan stirs anxiety over Japanese banks
This, as 10 largest regional banks and banking groups report a decline in both credit costs and interest paid on deposits, says Fitch.
Looming resignation of PM Kan stirs anxiety over Japanese banks
This, as 10 largest regional banks and banking groups report a decline in both credit costs and interest paid on deposits, says Fitch.
China’s interbank repo rate surges to 8%
The Royal Bank of Scotland says this resulted from the recent 50 point hike in the central bank’s reserve requirement ratio.
Is China in the midst of a banking crisis?
Royal Bank of Scotland says the 24% rise in aggregate loan to GDP ratio followed by years of de-leveraging could lead to a banking crisis.
Maybank subsidiary takes over 90% of Kim Eng
Mayban IB Holdings can exercise its right of compulsory acquisition of all Kim Eng Shares at US$2.51 per share.
China Bank starts offering CNY savings accounts
Move to tap currency’s booming popularity, as China is expected to further liberalize policies for yuan-denominated investment instruments.
SBI to add 4 South Africa branches
The lender chose organic growth than M&A for expansion as it opens opportunity for sustained growth for those wanting to tap into the Indian market.
PNB steps up global operations expansion
Aside from pending licensure in Australia and Canada, the lender eyes to move its international operations headquarters to London.
UCO Bank launches loan center for SMEs
The lender’s SME loan processing centres facilitate loan applications with credit requirement ranging from $55,666 to $5.57mn.
Hong Leong Bank re-organises its management roster
The new line-up to prepare the lender to take advantage on growth opportunities in the country and region.
Japanese banks profits to remain flat through 2012
But Japanese banks should have little problem getting their tier 1 capital up to 7% through profits, says Fitch.
Debt threats: China’s alarming credit-to-GDP ratio jumps from 120% to 166% in March 2011
Total system credit financing also increased by 71% to Rmb26.7 tn during 2009 and 2010.
PBCom silent on 67% stake bidders
Macquarie, adviser for the merger, would submit its recommendation to the bank after it completed its evaluation.
CIMB: Merger with RHB must be ‘value creating’
CIMB plans to have talks with Aabar Investments regarding the merger.
7 Philippine banks gets Moody’s credit rating upgrade
The rating agency said the rise in rating was in line with the upgrade of the Philippines' foreign currency deposit ceiling to Ba2 from Ba3.
Korean banks to stay strong amidst rising debt
Fitch says non-bank financial institutions will likely be more affected by it.
Lone Star files appeal to invalidate KEB charges
A lawyer for LSF-KEB Holdings SCA, which holds Lone Star's stake in KEB, said the fund had not deliberately manipulated KEB unit’s stock prices.
StanChart South Korea workers plan to go on strike
Employees demand that the lender should cease adoption of an incentive-based salary system, which is seen to cut salaries by as much as 46%
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