News

Philippines’ Metrobank ties-up with 46 Japanese banks

Will help Japanese expand Philippine operations.

Peer-to-peer lending growing 20% in China

Banking assets also rise 20% annually.

Why 2013 is just the beginning of NPL waves for China banks

Around RMB 5trn expected over the next five years.

Hong Kong has 30 billionaires

Most originally came from the mainland, however.

NPLs become a booming business for Korean banks

Generates annual return rate of up to 10%.

Bank of China launches "Micro-Bank"

It’s also available through WeChat and Yixin.

China to better tackle NPLs

Wary that spike could threaten structural reforms.