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The raise is effective immediately.

Banks to cut reserve requirement to boost lending. Sources said the Bangko Sentral ng Pilipinas, the central bank, is considering another reduction in the reserve requirement imposed on banks to halt the peso’s unabated rise in value.

Kudos to StanChart's shipping finance team.

The centre currently employs around 40 staff.

China Construction Bank becomes third Big Four bank operating in Russia.

Margin was also disappointing at 1.62%.

It's up 8.2% from December's 748.

Upgrade reflects sustained improvements in the banks' risk absorption capability.

It's to streamline multi-bank JPY payment and reporting processes.

Total loans and deposits also rose 16% and 14%.

Blame it on the property cooling measures.

Will lower threshold to allow securities companies to do this.

Find out what IFC's Global Discount Note Program is about.

Biggest banks in China and the United Arab Emirates key to building closer financial ties.

The arrangement will be used to finance direct investment between the UK and China.

Mobile network operators can now gain access to Visa IP.