In Focus

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

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

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

In Focus

Hang Seng Bank's ROE to fall to 14% for 2013

It's down from 22.6% for 2012.

In Focus

Chinese banks’ bad loans jumped by 39%

Stood at US$69 billion in 2012.

In Focus

Japan asks India to relax tough banking rules

Formal Japanese request asks greater financial inclusion for Japanese banks.

In Focus

China gets tougher on shadow banking

New rules intend to slow explosive growth of the gray market.

In Focus

Mizuho hunts for assets in the USA

Japan's second-largest bank intends to acquire a US commercial bank in the next three years,

In Focus

RBS to fire employees at Indian unit

Layoffs part of the bank’s plan to wind down its retail and commercial operations in India.

In Focus

Bank lending to local government financing vehicles curbed

China urges local governments to abide by the rules to avert more bad loans.

In Focus

BDO and BPI to be hit the hardest by policy reform in reserves on trust

Foregone trust income could range from a low of PHP20m to as high as PHP440m.

In Focus

Nomura predicts slower profit growth for Philippine banks

Investors are urged to cut their holdings in Philippine banks.

In Focus

India hopes for a stronger banking sector

China’s big banks benefit from the smallness of Indian banks.

In Focus

Fitch predicts strong overseas expansion for Japanese megabanks

Growth up to 20% to come from M&As and organic growth.

In Focus

Hang Seng Bank introduces gold-linked deposits

It’s the first gold-linked deposits since Hong Kong began requiring approvals for structured products in 2010.

In Focus

Vietnam will not meet 2015 deadline for Basel II

Banking sector’s huge non-performing loans and inadequate credit risk framework are major stumbling blocks.

In Focus

Chinese banks in massive rollover of local government debt

Extends repayment of three-fourths of RMB4 trillion.

In Focus

Overseas NPAs of Indian banks on the rise

India’s largest bank sees overseas non-performing assets rise by US$15 million.

In Focus

Big Chinese banks move into e-commerce

Shrinking margins from traditional businesses goad Chinese banks into a new revenue stream.

In Focus