News

State-owned Noor Islamic Bank seeks more business in Singapore and Malaysia to benefit from growth in Southeast Asia.

China will delay the implementation of tough new bank rules until next year.

The Reserve Bank of India advised banks to implement more processes in dealing with unclaimed deposits.

Union Bank of India became the first bank to make electronic banking easier for the visually impaired with its "talking" ATM.

Improved investor confidence leads to Sterling Bank of Asia raising US$11.5 million from the sale of Tier 2 notes.

CIMB Bank is hoping to grow its retail deposit business by 17 to 18%  this year from RM53 billion last year.

The dire Eurozone debt crisis is forcing more European banks to withdraw massive investments from Asia.

Outsiders who successfully took control of Sacombank are pursuing mergers with other banks.

China’s heavily hyped banking reforms look more like a gimmick than the real deal.

ICBC and the Citic Group were found to have violated several financial regulations in a routine audit by the National Audit Office.

Russian banks expect to sign agreements with Chinese partners on financing several projects in Russia during President Vladimir Putin's visit to China next week.

Financial results for the TSB Bank showed 10% growth in profit to $66.5 million.

Korean banks are luring new customers by offering them great deals.

China has taken a key step towards making the yuan or renminbi a truly global currency.

Laos-Vietnam Bank will double its chartered capital to 70 million USD in June 2012 from the current 37.5 million USD from June 2012.

ANZ Indonesia will focus on lending to exporters as it aims to be Indonesia’s leading lender to commercial businesses within three years.