China

ANZ would sell some of its stakes in Asian banks if Australia does not ease stringent capital requirements, said chief executive Mike Smith.

The NPL ratio of China's commercial banks at the end of June remains unchanged from the end of the first quarter at 0.9 percent.

A new series of cash deposit machines will be unveiled in GRGBanking’s Guangzhou headquarters.

This is over 20% below the market forecast of US$108 billion.

Fubon Financial Holding aims to boost its presence in China through its Hong Kong branch in Hong Kong as a bargaining chip.

The Bank of Communications has received approval from regulators to complete its private share placement.

The event was held on July 19th & 20th at the Double Tree by Hilton Hotel in Shanghai, China.

Bank of East Asia (China) Ltd has opened a sub-branch in Zhanjiang, Guangdong province to provide comprehensive renminbi and foreign currency banking services.

The former Shenzhen Development Bank will now operate under the name Ping An Bank after it has been absorbed in a merger.

Banks are being encouraged to stimulate China’s economic growth at the local level by lending more to local governments and business firms.

China reiterates its promise to boost bank loans to the more productive sectors of its wallowing economy and away from real estate speculation.

Bank of China enters into a partnership with Switzerland’s largest private bank after surrendering its wealth management business.

Malaysia’s Bank Muamalat Malaysia Bhd and Bank of Shizuishan will open an Islamic bank in Ningxia Province within two years.

CITIC Securities Company Ltd is about to complete the acquisition of Credit Agricole’s Hong Kong-based brokerage for US$1.25 billion.

Foreign banks still look towards revenue growth of 20% in China despite the country’s unnerving economic slowdown.

Mainland investments in Taiwan’s banking industry account for 31% of all of China’s investments in Taiwan since 2009.