News

Indonesian banks warned of an imminent funding cost pressure

Banks may be more nervous to fund credit growth.

Malaysia launches mobile payment channel

MyMobile will eventually be interoperable between all banks.

Check out which banks won at the Asian Banking and Finance Awards 2013

Nearly 200 senior bankers graced the awards night in Singapore.

China will scrap ABS quota for banks

Desperate need to provide more credit for weak economy.

KDB raises Euro 200 million

Taps existing Euro 500 million issuance.

CIPS to debut in Shanghai in 2014

3Part of campaign to internationalize the RMB.

Eight Chinese banks accept payments made using NFC

Smartphones need an app called “Wallet” to use NFC.

Big Four state-owned banks are world’s richest

Dominate list of banks with highest net interest income.

BTMU strengthens Islamic finance services in Malaysia

Japanese bank pioneers in offering Islamic products and services.

India hikes interest rates again

Part of frantic effort to stop rupee’s plunge.

Chinese banks boost loans to SMEs

Lending hits US$2.58 trillion in May.

Bank Negara Indonesia enters into business cooperation agreement with Orix

It’s BNI’s first such agreement with a Japanese financial firm.