News
Citibank Korea faces sanction for irregular transactions
Citibank Korea faces sanction for irregular transactions
Citibank Korea will be reprimanded for having been negligent in consumer protection.
Indonesia's PNM to sell $103-M in bonds to fund expansion
Permodalan Nasional Madani plans to sell Rp 1 trillion ($103 million) worth of bonds to finance its expansion.
Bank Danamon feared to report lower FY12 earnings
That is versus analyst's IDR4t estimate.
See how ICICI Bank's earnings beat analyst's expectations
Thanks to good asset quality performance.
Hong Kong's large banks raked in more deposits than Singapore's
Find out how big the difference is.
Singapore banks' cost of deposits among the lowest in Asia
It stood at 0.9% vs Asia's 2.8%.
Vietnamese oppose plan to pay using bank cheques
Government wants payment via banks to create a non-cash economy.
Fubon Financial tops peers in earnings
Fubon Financial credits its wealth management products for its net income of NT$4.04 billion last month.
S. Korea uncovers hacking scheme to steal bank certificates
A large-scale hacking scheme caused the loss of personal financial transaction information of bank clients.
Philippines' bank lending standards eased in 4Q12
It's attributed to improvement liquidity of banks’ asset portfolio.
Check out Wing Hang Bank's special promotion for the Lunar New Year
Customers who start a My Kid Savings Plan are entitled to a 1.75% interest rate.
CCB International bullish on Chinese banking sector
Said sector to gain boost from solid Chinese economy.
United Bank of India to get capital infusion
The United Bank of India will likely get Rs 100 crore fund infusion through share issuance to the government.
Bank Rakyat Indonesia posts $1.9-B profit in 2012
Rising loan demand pushed Bank Rakyat Indonesia's profit by 23 percent in 2012.
Banks to answer for fake ATM notes in rural India
India wants to change the law that makes the holder of counterfeit currency responsible.
Indonesia's BCA raises $207-M from stake sale
Bank Central Asia raked in $207 million from treasury stock sale to the Credit Suisse Group in Hong Kong.
Thai banks' household loans under watch
The Bank of Thailand said it was keeping a close watch on credit for the purchase of cars and condominiums.
Commentary
Asia’s banks hold the mandate to innovate. Now they must earn it.
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