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Thai commercial banks demand level playing field vs state banks
Thai commercial banks demand level playing field vs state banks
Thai Commercial banks after are questioning four state-owned banks' failure to pay the fee of 0.46 percent of deposits to the Financial Institutions Development Fund.
S. Korea's IBK to serve 6 continents by year-end
Industrial Bank of Korea will open offices or cooperate with banks on all six continents by year-end, according to its CEO Cho Jun-hee.
China now hosts 14 HK bank branches
There are now 14 Hong Kong-based bank branches on the Chinese mainland nine years after the signing of a key economic plan.
Maybank launches World MasterCard, targets Asia's rich
The bank eyes a 10% increase in its total card base within the first two years of the card's launch.
Yes Bank enters equity broking business
The retail equities broking license received by Yes Bank Ltd from India's central bank will intensify competition among banks for retail deposits.
Growth still possible for Indian banks
India’s embattled banking sector could report a growth of 14.5% in Q2 earnings despite mounting bad debts and debt rollovers.
ADB, IFSB ink a deal to advance Islamic finance in developing countries
Here's what to expect from the agreement.
Indonesia's state banks could now give credit haircuts
A court ruling allows state-owned banks to restructure or sell their non-performing loans.
Indonesia's Bank Mandiri to restructure $3.3B of bad loans
Bank Mandiri can now restructure unncollected loans of Rp 32 trillion or $3.3 billion following a court ruling that changes the status of the debts.
New Chinese loans in another sharp drop
Chinese banks could have lent only US$95 billion in new loans during September.
Indonesian sukuk posts longest rally in a year
Indonesia’s global sukuk rallied for a fourth month on speculation that a cut in government fuel subsidies will boost demand at auctions in the coming quarter.
Philippine NPL ratio down in July
The average NPL ratio of the 38 Philippine universal/commercial banks went down to 2.18% in July from 2.45% a year earlier.
Malaysia is runaway global leader in sukuk
Malaysia accounted for 68 percent of the total global sukuk outstanding and 71 percent market share of the sukuk issued as at end-July.
PNB merger with Allied Bank approved by 2 bodies
Philippine National Bank's merger with Allied Banking Corporation has been approved by the Philippine Deposit Insurance Corp. and Bangko Sentral ng Pilipinas.
StanChart to launch new liquidity capabilities by end-2012
Features include improved visibility and control of Intercompany loan limits.
Taiwan ranks 7th in RMB payments by value
With its jump from 57th place in 2011, could Taiwan be the next offshore RMB clearing centre?
India's Kotak Mahindra expects 50% growth in saving bank deposits
Kotak Mahindra Bank expects 50 percent growth on savings bank deposits on the strength of offering high rates of interests.
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