In Focus

Chinese bank lending slows in September

Chinese banks loaned RMB623.2 billion in September, down 11% from RMB703.9 billion in August and below the industry estimate of RMB700 billion.

In Focus

Chinese bank lending slows in September

Chinese banks loaned RMB623.2 billion in September, down 11% from RMB703.9 billion in August and below the industry estimate of RMB700 billion.

In Focus

EIB to open Beijing office this year

The European Investment Bank will open a representative office in Beijing to expand its presence in China.

In Focus

Philippines provides more incentives to bank mergers

The Bangko Sentral ng Pilipinas has revised its rules and allowed more incentives on banks’ mergers and consolidations.

In Focus

More palm-scanning ATMs to be installed in Japan

The Japanese bank that pioneered card-free ATM transactions in Japan is expanding the service into neighboring prefectures.

In Focus

India to issue more banking licenses

The Indian government has reassured the banking sector that the Banking Regulations Act will be amended to include rules liberalizing the issuance of new banking licenses.

In Focus

Chinese banks unprepared to run major Euro banks: experts

Chinese banks are eager to make acquisitions abroad, but may not have the managerial capability to run major European banks.

In Focus

Profit growth in China's top 10 banks slows to 16.9%

That is compared to the 34.2% profit growth in the first semester of 2011.

In Focus

Hana to pilot Korean-style private banking in Jilin

Hana Bank, the banking unit of South Korea's Hana Financial Group, will introduce South Korean-style private banking in China this month.

In Focus

China's banks snubbing IMF, World Bank events in Japan

China did not hesitate to use its clout in the financial sector to voice out protests over the diplomatic row with Japan concerning the Senkaku Islands.

In Focus

Hong Kong banks on their own in Basel III

Hong Kong banks will have to turn to local fund-raising strategies to meet Basel III’s tougher liquidity requirements.

In Focus

Islamic financing growing stronger in Malaysia

Malaysia’s Islamic banks accounted for 24.2% of Malaysia’s total banking industry assets during the first seven months of 2012.

In Focus

Weak Vietnamese banks force Moody’s rate cut

Moody's Investors Service has downgraded Vietnam's credit rating on growing concerns over its weakening banks and its rapidly cooling economy.

In Focus

Indian banks doing more consumer lending

The recent reduction in bank's reserve ratios has increased consumer financing by India's largest banks.

In Focus

China's 12th five-year financial plan seeks more financial controls

China has released its 12th Five-Year Plan for the Development and Reform of the Financial Industry it hopes will promote the continued healthy development of its battered financial industry.

In Focus