News

ICBC Singapore now authorised as the clearing bank for RMB

ICBC was granted QFB privileges in 5 October 2012.

OCBC's 4Q12 net profit expected to decline 13%

But strong GEH results will offset revenue impact.

PSBank reports 14% net income growth in 2012

Attributes it to increases in loans and investment portfolio.

East West bank introduces own debit card

New card suitable for families of Overseas Filipino Workers.

Thai banks post Bt173-B net profit in 2012

Thai commercial banks increased their combined net income by 21 percent to Bt173 billion in 2012.

KB Financial Q4 net dips 2.42% on falling margins

Weaker profit margins and interest income pulled KB Financial's fourth-quarter earnings down from a year ago.

Shinhan's Q4 net earnings dip 17.1%

Shinhan Financial's weaker fourth quarter came as it suffered losses in its NIM, mainly from derivatives investment.

Standard Chartered Taiwan completes nearly RMB6b worth of RMB transactions

That's only a day after domestic banks became eligible to offer RMB-related services.

More Chinese fall victim to banks’ Ponzi-type products

Wealth management products used to deceive investors.

Thai banks prodded to expand overseas

Should target ASEAN countries for M&As or joint ventures.

Taiwan will soon issue first Chinese renminbi bonds

Taiwan will be the second location after Hong Kong to sell renminbi-denominated bonds.

Korea Eximbank to boost project, SME financing

Eximbank will provide project financing worth 21 trillion won ($19 billion) this year, up from 19 trillion won last year.