Lending & Credit
Korean banks grapple with massive public sector debt
It’s now the country’s main risk.
Global financing institutions to receive more Korean investments in 2014
South Korea raising stature in the international community.
China Cinda to list in Hong Kong
“Bad bank” will begin determining demand this week.
World Bank issues world’s first “women’s bonds”
Will raise money for businesses owned or run by women.
Philippines’ Metrobank ties-up with 46 Japanese banks
Will help Japanese expand Philippine operations.
Peer-to-peer lending growing 20% in China
Banking assets also rise 20% annually.
NPLs become a booming business for Korean banks
Generates annual return rate of up to 10%.
India’s Yes Bank takes on US$125 million loan from IFC
Will use it as loans to SMEs.
BEA unveils 2013-2014 tax loan programme
It'll run until 18 December.
China to better tackle NPLs
Wary that spike could threaten structural reforms.
Yakuza loan scandal widens
Shinsei Bank admits doing business with mobsters.
Hong Kong, Singapore among eight NBAD banking hubs
Part of NBAD’s plans for domestic and international expansion.
Philippine bank lending rises 16%
Supports sustained expansion of productive sectors of the economy.
Alibaba goes into online fund sales
Financial products will soon be available on Taobao.
Zhang Wencai named vice president of the Asian Development Bank
Currently with China’s Ministry of Finance.
Singaporean SMEs want their own bank
Bank will focus financing small- and medium-enterprises. SMEs have renewed their call for a bank that will focus on providing financing to their...
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Cards & Payments
Compliance and legacy systems stall B2B payment shift
Retail drives digital payments as B2B adoption lags.
Commentary
The Asian connection: China's path to sustainable growth