Lending & Credit
BoCom to allow conversion of Aussie dollar into renminbi
Conversion to begin in 2014 as part of the renminbi’s internationalization.
National Australia Bank cuts standard variable home loan rates to 6.13%
It's the lowest of the major banks for 46 months.
Commonwealth Bank, Westpac cut interest rates by 0.25% for home owners
That is for standard variable home loans.
Bad loans up, asset quality down for big Chinese banks
Fourteen of 16 banks report rise in bad loans.
Indian banks’ retail credit rises 14.5%
Economic slowdown forces banks to push retail loans.
Retail credit will continue to drive Indian bank growth
Demand from the corporate sector will continue to remain weak, however.
India to deposit government cash in commercial banks
Move will add liquidity and make it easier for banks to cut lending rates.
What Asian banks need to know about customers' trust and fair treatment (Part 1)
Even though the principles of financial services consumer protection have been around in Asia for a number of years, there seems to be little desire...
Chinese bank NPLs up 20.7% to US$84.83b in 1Q13
It's US$5.4 billion more than 2012.
Chinese money supply exceeds RMB100 trillion for the first time
It reached RMB 103.61 trillion in March.
Faster financial reforms needed to curtail shadow banking danger
Rising risks from shadow banking make this urgent.
CBRC orders banks to provide more detail on interbank deals
Unregulated channels may be used to pour funds into speculative real estate.
Bank Mandiri to increase corporate loans by 18%
Loans are for the infrastructure, consumer goods and plantation sectors.
SBV to double capital to US$479 million
Central bank wants to better stabilize Vietnam’s troubled banking sector.
Don't be fooled by the Chinese banks' strong rebound of TSF in March
Barclays warns it will not be sustained.
Chinese banks' TSF reaches a record RMB 2.55t in March
Guess what caused the increase?
Commentary
Fighting fraud in the digital banking age
Asian banking’s next frontier: Beyond growth, embracing precision
Rethinking cybersecurity: How APAC banks can safeguard against AI-powered threats