In Focus

Surprise Chinese banking rate cut continues to backfire

Fears spread as the Chinese central bank recently reduced its main lending rate by 0.31 percentage points to 6%.

In Focus

Japanese banks see growth in lending to Korean conglomerates

Japanese banks are targeting South Korean conglomerates seeking funds for global expansion.

In Focus

Foreign banks with large deposits must incorporate in Singapore

Singapore takes an unusual step to protect its banking sector amidst the ongoing international financial crisis.

In Focus

China considers DIS to mitigate coming bank failures

The souring economy is forcing China to hedge against bank bankruptcies.

In Focus

Taiwan sees more business for its banks in China

China should facilitate the entry of more foreign banks into its restricted banking sector.

In Focus

Singapore to force foreign banks to incorporate locally

Foreign banks in Singapore holding large deposits may be forced to incorporate their retail operations locally.

In Focus

China’s Big Four converge on Australia

China’s big banks are doing their utmost to fill the vacuum left by the withdrawal of European bankers from Australia.

In Focus

BoC becomes first mainland bank to open branch in Taiwan

The Bank of China became the first mainland bank to commercially operate in Taiwan with the opening of its Taipei branch.

In Focus

Aggressive Philippine bank continues M&A spree

Asia United Bank has completed the acquisition of its third Philippine bank in three years.

In Focus

China’s state-run banks could be in trouble

While not downgraded by credit ratings agencies, China’s huge state-owned banks are cause for serious concern in the weakening economy.

In Focus

Vietnamese banks remained weak in 2011

The State Bank of Vietnam reports less than satisfactory metrics for Vietnam’s banking sector in 2011.

In Focus

Australian banks shift more fees to small businesses

A Reserve of Australia report showed that households paid 7 percent less bankfees, but businesses paid 5.5 percent more.

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.

In Focus

China goes after more investments from Taiwan

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

In Focus

India targets to have one bank account per family

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

In Focus

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.

In Focus

Asia-Pacific tops in mobile banking

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

In Focus

In Focus

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