In Focus

Major Japanese bank to expand overseas lending by 32%

Sumitomo Mitsui Trust Holdings, Inc looks to invest a massive amount on a European buying spree.

Major Japanese bank to expand overseas lending by 32%

Sumitomo Mitsui Trust Holdings, Inc looks to invest a massive amount on a European buying spree.

China goes after more investments from Taiwan

Faced by a weakening economy, China offers Taiwanese investors a package of bank loans as incentives.

India targets to have one bank account per family

India attempts the impossible in banking to boost its floundering banking industry.

Agreement to boost mobile banking in the Philippines

The Philippines and the United States have entered into an agreement that will give Filipinos more access to mobile banking and payment services.

Asia-Pacific tops in mobile banking

The Asia-Pacific will continue to have the most number of mobile banking users in the world.

China bank lending accelerates in May

Beijing said bank lending and the money supply were above expectations in May.

Taiwanese banks see more business on the Mainland

Talks between Taiwan and China later this month are expected to see more Taiwan banks open branches on the mainland.

Indian banks strive to meet Basel III

Indian banks are scrambling to raise the massive capital needed to comply with both Basel III and their own expansion plans.

Chinese banks’ profits to drop following liberalization

China’s recent benchmark interest rate cut and liberalization of the rate regime will hurt the profits of Chinese banks.

Taiwan's banks cheating customers in interests: legislator

Delayed accounting of deposits allowed Taiwan's banks to cheat customers of over NT$13 million or US$434,000 in annual interests.

Bank health to determine ownership in Indonesian banks

Bank Indonesia's new rules setting caps on a single lender's ownership percentage of banks is dependent the acquiring bank's financial health.

UAE banks seek more business in China

Two of the largest banks in the United Arab Emirates will set up offices in China to boost trade between both nations.

RHB to further boost overseas presence after OSK deal

RHB Capital will make further overseas acquisitions after acquiring OSK Investment Bank.

Philippine banks claim safety from Eurozone crisis

The Philippines expects to ride out the worst of the Eurozone debt crisis.

CBRC worried over Chinese banks' risky behaviors

Chinese banks are urged to focus on raising capital than taking on more risks.

JP Morgan Chase invests heavily in China

JPMorgan Chase & Co has raised its capital of its Chinese division to over US$1 billion to exploit broader opportunities arising from a further liberalization of China’s banking sector.

Malaysian banks wary of Indonesia's new share limit

Malaysia’s CIMB and Maybank would be the most affected by Indonesia's new regulation limiting the maximum bank ownership of a single shareholder to below 50 percent.