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China needs more banking reforms

17 hours 31 min ago | The government again goes to bat for small businessmen. Read ››

Commonwealth Bank posts lower than expected $1.69B Q1 profit

RETAIL BANKING | Commonwealth Bank of Australia posted a net profit of US$1.69 billion for the first three months of 2012. Read ››

Bank Simpanan posts $332M net income

Bank Simpanan Nasional increased its net income for financial year ended Dec 31, 2011 to RM1.032 billion or US$332 million. Read ››

Hong Leong ups Q3 earnings by 49%

Hong Leong Financial Group increased its earning by a 49.2% increase in earnings to RM394.77mil in the third quarter ended March 31. Read ››

Demand for loans remains weak for Chinese banks

Lack of new loans continue to haunt China's four biggest banks in the first two weeks of May. Read ››

ANZ to triple investments in China

Australia & New Zealand Banking Group Ltd. Read ››

Profits of Japan’s top three banks in peril

Profits of Japan’s top three banks in peril

Sales of extremely risky Japanese Government Bonds push profits of Japan’s three largest banks to a record high. Read ››

MORE NEWS »

S.Korea's Eximbank raises $1.25B through samurai bonds

South Korea's Eximbank raised 100 billion yen or US$1.25 billion through samurai bond sales. Read ››

Eximbank takes control of Sacombank board

Eximbank will now control Sacombank's board of directors after investing about VND1.6 trillion or US$76.2 million in the said bank. Read ››

Axis ties-up with Bharti for mobile banking services

Bharti Airtel customers will now be able to open savings account in Axis Bank through their mobiles and cash deposits, transfers and withdrawals. Read ››

Solomon Savings Bank CEO arrested for suspected corruption

Prosecutors have arrested the CEO Solomon Savings Bank over allegations he embezzled and illegally lent billions of won. Read ››

HSBC China opens Harbin branch

HSBC (China) Company Limited opened a new branch in Harbin, capital of northeast Heilongjiang province. Read ››

PEOPLE »

Philippine banking association has new President

Alberto Villarosa, President and CEO of Security Bank Corporation, was recently elected President of the Bankers Association of the Philippines. Read ››

Kumar is new Prime Bank deputy managing director

Kanti Kumar has joined Prime Bank as deputy managing director. Read ››

Miah promoted deputy managing director of Exim Bank

Sirajul Haque Miah has been promoted as the deputy managing director of Exim Bank. Read ››

Merican appointed Maybank Group CFO

Mohamed Rafique Merican Mohd Wahiduddin has been appointed Maybank's Group Chief Financial Officer effective June 1. Read ››

Will Vietnam reach the 15-17% credit growth rate target this year?

ISSUE OF THE WEEK

Will Vietnam reach the 15-17% credit growth rate target this year?

With various difficulties that abound Vietnam's banking system, is the target even possible?

by ROXANNE UY | 16 May 2012 | 124 views
Vietnam\'s rising loans-to-deposits ratio

GRAPH OF THE WEEK

Vietnam's rising loans-to-deposits ratio

The pace of credit growth has outstripped the availability of funds since 2008, says Standard & Poor's.

by ROXANNE UY | 16 May 2012 | 151 views
Indonesia set to see record Sukuk issuance in 2012: HSBC

SPECIAL REPORT: ASIA SUKUK

Indonesia set to see record Sukuk issuance in 2012: HSBC

The government has already sold US$1.5 billion of local Sukuk in March this year, says HSBC Amanah head Herwin Bustaman.

by ROXANNE UY | 24 Apr 2012 | 568 views
BUSINESS SCENE PHOTO GALLERY
Membership Agreement With Bancnet
Membership Agreement With Bancnet
01 December 2011 at Equitable Tower, Paseo de Roxas, Makati City, Philippines
ABF Retail Banking Awards 2011ABF Retail Banking Awards 2011
20 July 2011, Shangri-La Hotel Singapore
 
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