Asian Banking & Finance

Incumbent CEO Muthukrishnan Ramaswami will become a senior advisor to the GXS Group.

Nonbank lenders are now providing capital even to low-risk corporate clients.

NPL ratio rose 0.02 percentage points to 0.25%.

It has reportedly ceased to carry on a financial services business.

Mizuho Bank had earlier made an equity investment for a 15% stake in the company.

Earnings per share is THB0.05 for the period.

Undue balance of installment was approximately NT$167.5b for the period.

The megabanks are expected to expand lending to support “national priorities.”

This is the fourth regulatory action ASIC had taken against Macquarie in the past year.

Industry experts discuss how to navigate Vietnam’s challenging digital landscape at the Asia Banking and Finance and Insurance Summit.

And Commerzbank is gearing up to execute its strategy as a standalone bank.

Businesses in other markets should offset a drop in earnings in some businesses.

It is the only Japanese company amongst founding members.

The Hong Kong-based bank has seen an 80% rise in new account openings for retail mainland customers.