News
Eleven investors bid for Woori Finance’s regional banks
Part of attempt to privatize Korea’s largest bank.
ICICI develops FB app for cash transfers
App targeted at young, net-savvy customers.
Fruit juice drinks firm buys Philippines’ Maybank ATR Kim Eng
Mazy’s Capital, Inc. takes 89.8% share in investment house.
Philippine central bank seeks broad changes to its charter
Will ensure stability of the economy and the financial system.
Why analyst calls for more interest rate reform in mainland China
It'll teach lenders learn how to better price risk.
Thailand's August loans edged up by a tad 1.1% to Bt95.7b
Will 4Q be stronger?
Only 40,000 Indian villages have bank branches
India has 600,000 villages.
PBOC Monetary Policy Committee names five new members
Will help advise on China’s monetary policies.
Bank consolidation in the Philippines seen to intensify next year
Despite lower earnings trend.
Krung Thai Bank net profit predicted to soar 48% to THB9.5b in 3Q
Loan growth set to impress.
UOB Vietnam launches an FDI Advisory Unit
Customers looking to expand will benefit.
PNB denies rumours that it is for sale
But this Malaysian bank is said to be wooing PNB.
Philippines encourages Islamic banking
Will craft regulations to spur its growth.
BCA hiked IDR time deposit rate by 50-75bp to 6.25%
Third hike this year.
Hang Seng Bank's operating profit jumped 12% to $8,934m
Net interest income edged up 8%.
How a 'hard landing' could hurt Chinese banks
Fears rise over credit quality deterioration.
Commentary
Built to last: How Japan is approaching the cross-border payments challenge
Asia’s 20% advantage: The simplification strategy rewriting banking from Singapore to Shanghai
Perth is emerging as an unlikely testbed for the future of global finance