News
Strong Singapore dollar thwarts Singapore's RMB plans
Strong Singapore dollar thwarts Singapore's RMB plans
Singapore’s strengthening dollar is preventing the city-state from becoming an alternative to Hong Kong for renminbi deposits.
Chinese banks financing more foreign trade
Outstanding trade financing between banks and China’s exporters and importers amounted to US$469 billion in September, 34% higher year-on-year.
Korea Eximbank CEO aspires for global advancement
CEO Kim Yong-hwan aims is to transform Korea Eximbank from an export finance provider into a true global investment power.
Standard Chartered's credit quality triggers worries for its wholesale business
Blame it on a sharp pick-up in NPLs and impairments in 1H12.
This is how depressing Bangkok Bank's 3Q12 results are
Net profit was at a measly THB7.8b.
Indonesia tells small "selfish" banks not to refuse mergers
Bank Indonesia Governor Darmin Nasution asked banks with weak capital to open their doors to mergers and acquisitions.
Here's why OCBC's Q3 profit is under threat
A 7% contraction looms.
Worries over Metrobank's capital condition misplaced, says analyst
But on what grounds?
CDB makes record loan for poverty relief
China Development Bank has agreed to provide a record US$160 million.
India's Reliance Capital gears up for banking business
Reliance Capital, the financial services arm of Anil Ambani-led Reliance Group, announced its full preparedness to foray into the banking business.
RHB Bank eyes 15% credit card market share
RHB Bank hopes to boost its share of the credit card market from 6 percent to 15 percent by 2017.
Vietnam proposes trillion dollar solutions for bad debts
Vietnam is seriously considering setting-up an asset management company capitalized at US$4.8 trillion.
Myanmar opens door to foreign credit cards
Myanmar has granted permission to Visa, MasterCard, China UnionPay and Japan Credit Bureau to do business in the country.
Indian Bank net profit up 6% at $92.4M
Indian Bank posted a net profit of Rs 496.68 crore or US$92.4 million for the second quarter ended September.
CIMB Thai net profit up 66%
CIMB Thai recorded a 66 percent increase in net profit with 1.4 billion baht for the nine months of this year.
Indonesia's lending policy hampers CIMB Niaga's housing loans
CIMB Niaga acknowledges a significant decrease in housing loans due to Bank Indonesia's new loan-to-value policy.
Danamon, BTN post growth, buck new Indonesian loan rules
Bank Danamon and Bank Tabungan Negara posted huge business growth, despite new loan-to-value regulations affecting vehicle and housing credits.
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1. Franklin Templeton gets approval to launch first retail tokenised fund in Singapore 2. UOB maintains profitability despite possible slower loan growth 3. Sea rebrands digital finance business SeaMoney to Monee 4. Japan’s SMBC is buying a 20% stake in India’s Yes Bank 5. Vietnam’s finance sector faces digitalisation challenges despite eased regulationResource Center
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