News

India vents its anger on the stunning downgrade of some of its larger banks by Fitch Ratings, Ltd.

Investors wanting to own 40  to 90 percent of Indonesian banks should be healthy, should be listed and agrees to buy debt certificates that can be converted into equity.

Agricultural Bank of China continues its North American expansion.

A new agreement improves government oversight of their banks in each country.

Syndicate Bank is looking to intensify its fee income, retail and SME loans to boost its balance sheet.

Japan’s third-biggest bank by market value continues to gobble up foreign assets.

Nonghyup Financial Group recorded the lowest BIS ratio among Korean banks in May with 11.09 percent.

One of one of the largest commercial banks in Taiwan continues its expansion in Southeast Asia.

Reliance Commercial Finance will increase focus on SMEs to achieve its target credit growth rate of 15-16 percent this fiscal.

The stimulus that led to Vietnam’s huge economic growth the past decade has raised a huge problem of its own.

With better a collection system, SME Bank expects its NPLs to decrease to 15% by year-end, from 17% last year.

Bank of Ceylon recorded Rs one trillion or US$7.53 biilion balance sheet at the end May, becaming the first corporate entity in Sri Lanka to do so.

One of China’s “Big Four” will open for business in New York this summer.

India’s Ministry of Finance is working on a new policy framework for the country's banking sector.

Cathay Financial Holdings intends to invest up to US$1.3 billion to acquire mainland Chinese banks or build partnerships in China.

CIMB plans to be listed on the Indonesia Stock Exchange, though currently it is only listed on Bursa Malaysia.