In Focus
NAB profits plunge 16%
The UK units of National Australia Bank Ltd have become a pox on the Australian bank’s operations.
NAB profits plunge 16%
The UK units of National Australia Bank Ltd have become a pox on the Australian bank’s operations.
Renminbi continues long march towards internationalisation
Bankers see the Chinese renminbi or yuan becoming a key commodities currency.
China’s third largest bank stumbles
The weaker Chinese economy has claimed Bank of China, Ltd as a victim.
China's banking system seems healthy
The China Banking Regulatory Commission (CBRC) reports on the state of China's banking industry in 2011.
Vietnam to miss target growth for business loans
Despite assurances to the contrary from the government, Vietnam will not loan as much to private business as it planned.
Non-performing loans becoming a nightmare for China
The government hedges against a potentially disastrous rise in non-performing loans.
Malaysian banks invited to open in Pakistan
Pakistan asks Malaysian banks to do business in traditional and Islamic banking.
Citi makes $2.9B profit in Q1 with India, China stake sales
The sale of Citigroup stakes in India and China boosted the bank's revenue as it profited US$2.9 billion in the first quarter of 2012.
Temasek ups investment in Chinese banking industry
Singapore’s sovereign wealth fund casts a huge vote of confidence in China’s economy.
Chinese banks cut mortgage rates
Mortgage interest rates are falling in Chinese first-tier cities with the gradual recovery of the property market.
HSBC wants more business in India
India is on the top of HSBC's mind but laments the restriction of opening branches.
ING Commercial Banking Asia expands into Vietnam
It will open a representative office in Hanoi on May 7.
China hammers big banks again, warns of severe punishment
China is putting increasing pressure on state-owned banks to reform.
Siam Commercial Bank raises funds for expansion
Thailand's third-largest bank by assets is raising its outstanding bond ceiling by US$3.2 billion.
China lauded by IMF and WB for improved bank regulations
Chinese banks have made "significant improvements in risk measurement and risk management", according to experts of the IMF and World Bank.
DBS expands Indian operations
Southeast Asia’s largest bank wants to broaden its reach in India.
DBS bids to take over Bank Danamon
If successful, it will be the biggest bank takeover in Southeast Asia.
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