News

Kasikornbank reported a 4.22 percvxvcent in its consolidated second-quarter net profit of Bt9.4 billion.

Woori Financial Group audited Woori Bank for two months and found 30 insolvent loans worth US$8.76 million from May 7 to July 6.

Nine major South Korean banks arebeing investigated by the Fair Trade Commission on suspicion of colluding to fix the interest rates on certificates of deposit.

China’s recent credit liberalization could be endangered by lax fiscal policies.

Thailand's Kasikornbank has teamed up with Indonesia's Bank Central Asia in offering financial services to Thais doing business in Indonesia.

Krungthai Card's focus on attracting active spenders resulted in an increase in credit-card spending and use of its personal-loan products.

Thailand's banks identified the mobilisation of funds to meet loan demand while keping fund cost as low as possible as one of its challenges.

Bank of Taiwan is working to get the central bank's permission to become a clearing bank under the cross-strait currency clearing system.

Free market interest rates will hurt China’s banking sector but are inevitable.

Mian Mohammad Mansha is keen about providing banking services in India.

The US$140 deal was signed in January 2011 and approved by the Fed in May.

Bank Mandiri will continue to make innovations in business development to become one of Southeast Asia's major banks.

Transparency International ranked Chinese banks at or near the bottom of a list of 105 international firms ranked for transparency.

Senior experts made online discussions of ways of handling low growth of credit loans in Vietnamese banks.

Citi is gauging public reponse about offering banking transactions through Facebook.

The latest developments in mobile payments in Thailand, Laos, Cambodia, Myanmar, and Viet Nam are being showcased at a banking summit in HCM City.