News
Philippines’ RCBC partners with Japan’s Resona Group
Will focus on Japanese small and medium enterprises.
Indian banks offer cheap loans for motorcycles and home appliances
Intend to stimulate demand for consumer items.
Metrobank forges strategic alliance with Tokai Tokyo Financial Holdings
Alliance will broaden their product offerings and services.
VTB Bank partners with OCBC on the interbank market
Sign master trade financing agreement.
Taiwan includes renminbi in central bank forex reserves
Recognizes globalization of the renminbi.
Chinese Supreme Court urges careful handling of shadow banking cases
This will promote healthy development of private investment.
Why analyst thinks China's larger banks will outperform its smaller rivals
Weaker NIM progression seen for smaller banks.
PBOC could expand gold importers list
Might allow more companies to import and export gold.
DBS China's sub-branch expansion in Shanghai FTZ gets go-ahead
It'll service corporate clients in the area.
RMB deposits in Hong Kong up 2.1% to RMB709.5b
Hong Kong-dollar deposits also rose 0.6%.
Indian banks' asset quality pressures feared to persist
Will they ever get out of this problematic hole?
PBOC will push through with reforms
Also intends to keep policy steady with timely fine-tuning.
Citi China gets a nod on Shanghai FTZ sub-branch plans
A milestone for Citi China.
Singapore's total bank lending up 0.3%
Slight increases recorded in these segments.
Vietnam turns to the UK for banking expertise
Will expand cooperation in banking and finance.
Domestic banks in Shanghai FTZ get Beijing nod for offshore business
Part of reforms to arrest economic slowdown.
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