News

Chinese RMB ranked 11th in world payments currency list

Thanks to all-time high market share of 0.87%.

Lloyds considering sale of Australian banking units

It’s Lloyds latest bid to strengthen capital position.

No scrapping of China’s bank deposit rate ceiling before 2015

Emplacing a deposit insurance system takes priority.

Property loans by Chinese banks surge 130% in H1

Stands at US$212 billion from US$92 billion year-on-year.

Is Maybank now taking huge hit from BII acquisition?

MP claims losses could reach US$787 million.

China denies foreign exchange withdrawal

Chinese banks post forex deficit of US$400 million in June.

CIMB launches institutional brokerage business in Taiwan

Becomes first Malaysian bank operating a brokerage business.

Growing household debt in Singapore worries banks

Many households overborrowing in the property market.

Bank funding slows in South Korea

Low interest margins putting a brake on growth.

Danamon reports US$12 billion loans in H1

Non-performing loans ratio at 2.4%.

ANZ, NAB least liked Australian banks

Business customers rank both the worst for 12 months.