In Focus

Vietnam to force weak banks into bankruptcy

Announcement sends shock waves through banking sector counting on government protection.

Bank Mandiri sees 50% increase in Islamic banking profits

The opening of more branches throughout Indonesia will help attain this goal.

India launches bid to build global-sized banks

Is pushing consolidation of public sector banks to create two megabanks.

South Korean banks hit by destructive cyber attack

China identified as most likely source of massive cyber assault.

Domestic banks to provide almost 100% of Philippine government borrowings

Government plans to borrow US$3.7 billion from the local debt market in Q2.

Chinese non-bank entities to offer custody services

New rule affecting Chinese non-bank financial intermediaries takes effect June 1.

Vietnam to restructure banking sector by 2015

Will do this to boost a slowing economy that grew at its slowest in 13 years.

Find out what supports Japanese mega banks' overseas operations

Foreign-currency liquidity and certificates of deposit are on the list.

7 key things you need to know about CBRC's new guideline on LGFV loans

It not only reiterates the total exposure control on LGFV loans.

StanChart expects doubled profit for wholesale banking division

Targets US$10 billion in profits over the next four years.

Chinese bank lending hits US$99.6 billion in February

Total lending for the month stood at US$172 billion.

Chinese banks taking on intolerable risks

Financial reforms needed to reduce excessive risks concentrated in banking sector.

China to continue currency and banking reforms

Might also relax tight capital controls this year.

Philippine banks to sustain credit growth of 10-12% in 2013

The system’s ratio of credit to GDP is low at about 30%.