News

China to get tougher on foreign banks

But will go easier on local lenders.

NAB primed for second growth phase

Consumer banking business showing good momentum.

Bad loans hurt SBI’s profit

Fiscal year 2014 won’t be good for SBI.

Is China preparing to bail out troubled banks?

Will permit banks to sell-off loans to more investors.

NAB offers $1000 cash back to homeowners

That's if they switch their mortgage to NAB.

Chinese banks' new loan growth reaches RMB 700b in July

It's 15% below the average H1 monthly run-rate.

Commonwealth Bank cuts 3-year fixed rate home loans to 4.89% per annum

Some of its fixed home loan rates are at 20 year lows.

China, Africa using more RMB for direct trade settlements

Bank of China says more direct RMB settlements needed.

SBV issues plan to restructure commercial banks

Nine weak commercial banks are targets.

Major senior management reshuffle at MAS

Shake-up aimed at strengthening the central bank’s leadership.

South Korea maintains policy rate at 2.5%

Has major concerns about major downside economic risks.