News
China Bank does away with initial deposits for OFW account
China Bank introduced a new peso savings account developed specifically for overseas Filipino workers.
China Bank does away with initial deposits for OFW account
China Bank introduced a new peso savings account developed specifically for overseas Filipino workers.
Hua Xia Bank reports 59% surge in net profit
Hua Xia Bank's net profits in 2010 hit US$907.6 million, representing an increase of 59 percent from the previous year.
Maritime Bank to raise charter capital to $383M
Maritime Bank approved targets to reach total assets of US$7.18 billion and outstanding loans of US$2.76 billion in 2011. These figures are up 30 per cent and 81.27 per cent year-on-year. It also seeks to curb its bad debt ratio below 2 per cent.
VietA Bank increases cap to $148.4M
VietA Bank finalised the charter capital increase to US$148.4 million. With total assets reaching US$1.15 billion, the bank also saw its total deposits reach US$964 million, a 190 per cent year-on-year growth.
HDBank to issue $258.7M worth of CDs
HDBank will issue US$258.7 million worth of Certificates of Deposits for both the dong and dollar. This will be applicable from March 24 to May 23, 2011.
S-REITs poses risk to China
The expansion of the Singaporean industrial real-estate investment trusts (S-REITs) into China poses a number of business risks.
Singapore banking system stable outlook
Moody's says that the outlook for Singapore's banking system is stable, and expects banks to continue to record solid profits during the next 12 to 18 months.
Assets of Malaysia’s Islamic banks up 16% to $116bn
The Southeast Asian nation expects more Islamic bank investors as it issues new permits this year for Islamic banks with a minimum capital of $1bn.
Bank of Taiwan join forces with ICBC
The Taiwanese lender has already inked two separate pacts with Bank of China and Bank of Nanjing since China and Taiwan signed the Economic Cooperation Framework.
China Minsheng Bank releases $1.52bn subordinated bonds
$914.28mn of the bonds to mature in 10 years while $609.52mn in 15 years.
Westpac claims its asset quality improving
The lender said it has the lowest level of impaired assets among its peers as its watchlist and substandard loans declined.
BNI Syariah to inaugurate 10 new branches
The lender also plans to open 28 sub- branches, including in Bali and Kalimantan, as it plans to boodt its assets by 50%.
BOC cross-border RMB settlement exceeds $24B
BOC's domestic branches' transaction volume exceeded RMB 160 billion or US$24 billion in 2010. This is an increase of over 100 times than that of 2009. It continued to maintain the market-leading position.
OCBC sees robust growth for dual currency investment in Malaysia
DCI benefits those who conduct business transactions in the alternate currency, especially those in import-export businesses.
BEA China culminates $304.5mn bond sale
The bank to use the proceeds to optimize its capital and liability structure and improve the management of liquidity risks.
Foreigners’ investment in short-term bonds in Thailand up by $2.55bn
Japan's disaster and high uncertainty in the world economy prompted local and foreign investors to focus on short-term bonds.
China approves 8 foreign banks to join its interbank bond market
The lenders are now allowed investment of their renminbi holdings in government and corporate debt in China's interbank bond market.
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
Thai central bank’s digital payments on ‘top of the world’
![Thai central bank’s digital payments on ‘top of the world’]()
Cards & Payments
The Bank of Thailand is eyeing to expand connectivity with more countries.
The Bank of Thailand is eyeing to expand connectivity with more countries.
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
Generative AI’s role in the evolution of banking