News
Citibank achieves first cross-border renminbi lending deal
Citibank achieves first cross-border renminbi lending deal
Citibank (China) Company last week completed its first cross-border renminbi lending transaction.
UK becomes G7 leader in offshore renminbi trade
The Bank of England will soon become first G7 central bank to enter into a foreign exchange swap agreement with China.
Morgan Stanley gives up banking license in India
New regulations forces hand of sixth largest US bank.
China's ICBC targets expansion in East Malaysia
ICBC sees its expansion in Kuching as a gateway to further expand throughout the Sarawak and into Sabah.
China banks no longer the main sources of long-term financing
They just provided 25% of financing to corporates in 2012.
Maybank injects US$100m capital for growth in the Philippines
It recently invested US$48m for a new head office in Manila.
Foreign banks protest proposed Indonesian banking law
Bill also limits investors to a controlling share in only one bank.
China claims foreign banks upbeat about its economy
Weak US recovery and the persistent Eurozone crisis make China a better bet.
PBOC to speed-up SLOs
Central bank to begin carrying out more Short-term Liquidity Operations (SLO).
Single-digit loan growth looms over Singapore banks in 2013
November 2012 saw growth stalling to 15.9%.
China to cut bank card fees
Move aims to spark domestic consumption in wake of inevitable economic slowdown.
New Zealand banks leads in loan-to-deposit ratio
Bests 13 other Asia-Pacific countries, said Moody's Investors Service.
This is what HSBC's China stake restructuring does to its capital position
It increases HSBC's 2013 fully loaded Basel III core Tier 1 ratio by 80bp to 11.5%.
Check out Maybank's new debit card featuring Superman
The card targets young adults and will be available in 1Q13.
Shinhan Bank raises $350-M through bonds
Shinhan Bank will have US350 million to refinance its debts and extend loans to smaller companies.
Philippine Business Bank to IPO
February IPO could earn some US$99 million.
Bank Muamalat to expand branch network
Will sell sukuk Islamic bonds to finance expansion.
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