News

It’s another advance for cross-strait banking.

Malaysian financial institutions were asked to make an impact assessment on the proposed FATCA regulations.

HSBC opened its first branch in the Sabah-Sarawak area at Inanam, expanding the total Malaysian branch network to 58 location.

Vietnam has been selected by the Export-Import Bank of the United States (Ex-Im Bank) as one of nine key emerging markets that will boost American exports and support job creation.

Unable to lower commercial bank interest rates, Indonesia's central bank decided to nominate the rates beginning the close of the first quarter.

Banks in Singapore are lobbying against the US' Foreign Account Tax Compliance Act or Fatca.

Earnings of ANZ, ASB, BNZ, Westpac and Kiwibank for the last six months of 2011 rose by 25 percent to $2.8 billion.

HSBC is pleased with the progress of its Malaysian operations, which has been growing in the last two years.

Bank Islam Malaysia Bhd still has its eyes set on expanding in Indonesia.

Aided by steady demand for business funds in areas hit by the massive March earthquake, Japanese bank lending grew 0.7 percent in January from a year earlier to 396.73 trillion yen

Name your best banking and finance institutions in the inaugural Asian Banking and Finance Wholesale Banking Awards 2012.

One banker’s feast is another’s poison pill it seems.

China's "Big 4" banks extended about US$50.8 million of new loans in January, reports China Securities Journal.

Regulators are inclined to give Chinese banks more time to meet tougher capital rules requirements.

Citigroup, Inc. has become the first western bank and the second foreign bank permitted to issue its own credit card brand in China. It is the world’s largest issuer of credit cards.

A research group forecasts CIMB Group's non-interest income for financial year 2012 to be better-than-expected.