News
Debt threats: China’s alarming credit-to-GDP ratio jumps from 120% to 166% in March 2011
Total system credit financing also increased by 71% to Rmb26.7 tn during 2009 and 2010.
Debt threats: China’s alarming credit-to-GDP ratio jumps from 120% to 166% in March 2011
Total system credit financing also increased by 71% to Rmb26.7 tn during 2009 and 2010.
PBCom silent on 67% stake bidders
Macquarie, adviser for the merger, would submit its recommendation to the bank after it completed its evaluation.
CIMB: Merger with RHB must be ‘value creating’
CIMB plans to have talks with Aabar Investments regarding the merger.
7 Philippine banks gets Moody’s credit rating upgrade
The rating agency said the rise in rating was in line with the upgrade of the Philippines' foreign currency deposit ceiling to Ba2 from Ba3.
Korean banks to stay strong amidst rising debt
Fitch says non-bank financial institutions will likely be more affected by it.
Lone Star files appeal to invalidate KEB charges
A lawyer for LSF-KEB Holdings SCA, which holds Lone Star's stake in KEB, said the fund had not deliberately manipulated KEB unit’s stock prices.
StanChart South Korea workers plan to go on strike
Employees demand that the lender should cease adoption of an incentive-based salary system, which is seen to cut salaries by as much as 46%
Chinese banks’ aggregated net profit up 33% to RMB 687.3 billion in 2010
The average ratio of non-performing loans of the 17 listed banks reduced from 1.58% at the end of 2009 to 1.14% at the end of 2010, says Ernst & Young.
HSBC and Citibank to apply as underwriter for more CNY bonds
The licenses would give more access to China’s interbank market where foreign companies such as UBS Securities and Goldman Sachs Gao Hua Securities are already underwriting bonds.
Woori fails to acquire Hanmi
Setback in $240mn Hanmi takeover seen to affect Woori's plans for overseas expansion.
ANZ Bank commences Mumbai operations
The Australian bank to give a full range of Indian Rupee and foreign currency banking services.
South Korea regulator bars KDB from Woori bidding
FSC takes note of financial investors’ concern that the formation of a giant state bank could reverse competitiveness of South Korea’s banking sector.
Malaysian central bank grants Islamic banking licence to Bahrain bank
The lender’s Malaysian presence in Malaysia will foster the financial linkages between Kuala Lumpur and Banrain and to develop the Islamic financial system in the country.
South Korea regulator may ban Hana from M&A
FSC’s sanction on the group’s brokerage and banking units may push the regulator to bar Hana’s KEB prospects.
BPI to unite two of its subsidiaries
The merging of BPI Capital Corp and BPI Bancassurance Inc will eliminate duplication, streamline operations, and lower costs.
Union Bank of India targets expansion of international operations
The lender strives to achieve 20% growth in deposits and 22% in advances via extending global reach.
Malaysia targets $2bn global sukuk offering
HSBC, CIMB, Maybank, and Citibank to lead sukuk issue as Malaysia plans to repeat roadshows conducted in Asia, the Middle East and Europe.
Thought Leadership Centre
In Association with
In Association with
In Association with
Resource Center
Read Here
Advertise
Sign Up
Awards
Jul
04
Jul
04
Jul
04
Events
Jun
24
Event News
Event News
Unlock the future through the Asian Banking & Finance Forum 2024 in Kuala Lumpur
![Unlock the future through the Asian Banking & Finance Forum 2024 in Kuala Lumpur]()
Co-Written / Partner
Join the journey on 25 June 2024, and be part of the catalyst for progress in this dynamic sector.
Join the journey on 25 June 2024, and be part of the catalyst for progress in this dynamic sector.
Videos
Partner Sites
Thought Leadership Centre
In Association with
In Association with
In Association with
Awards
Jul
04
Jul
04
Jul
04
Events
Jun
24
Commentary
Beyond the Hype: Building Trust in Generative AI for a Secure Financial Future
Empowering green growth through sustainable finance in Bangladesh