News
Indonesia tells small "selfish" banks not to refuse mergers
Bank Indonesia Governor Darmin Nasution asked banks with weak capital to open their doors to mergers and acquisitions.
Here's why OCBC's Q3 profit is under threat
A 7% contraction looms.
Worries over Metrobank's capital condition misplaced, says analyst
But on what grounds?
CDB makes record loan for poverty relief
China Development Bank has agreed to provide a record US$160 million.
India's Reliance Capital gears up for banking business
Reliance Capital, the financial services arm of Anil Ambani-led Reliance Group, announced its full preparedness to foray into the banking business.
RHB Bank eyes 15% credit card market share
RHB Bank hopes to boost its share of the credit card market from 6 percent to 15 percent by 2017.
Vietnam proposes trillion dollar solutions for bad debts
Vietnam is seriously considering setting-up an asset management company capitalized at US$4.8 trillion.
Myanmar opens door to foreign credit cards
Myanmar has granted permission to Visa, MasterCard, China UnionPay and Japan Credit Bureau to do business in the country.
Indian Bank net profit up 6% at $92.4M
Indian Bank posted a net profit of Rs 496.68 crore or US$92.4 million for the second quarter ended September.
CIMB Thai net profit up 66%
CIMB Thai recorded a 66 percent increase in net profit with 1.4 billion baht for the nine months of this year.
Indonesia's lending policy hampers CIMB Niaga's housing loans
CIMB Niaga acknowledges a significant decrease in housing loans due to Bank Indonesia's new loan-to-value policy.
Danamon, BTN post growth, buck new Indonesian loan rules
Bank Danamon and Bank Tabungan Negara posted huge business growth, despite new loan-to-value regulations affecting vehicle and housing credits.
Malaysia's CIMB launches money transfer service to 5 Asian countries
CIMB launched its international money transfer service, SpeedSend, to Myanmar, Vietnam, India, Bangladesh and Nepal.
Raiffeisen Bank International now in Hong Kong
Austria’s third largest bank can now do business in Hong Kong.
India's ICICI Bank to collaborate with African bank
India's ICICI Bank and Togo's Ecobank will collaborate to extend banking services across their combined footprint in India and Africa.
Bangkok Bank to expand in Myanmar
Bangkok Bank plans to increase its bank partnerships in Myanmar from four, in line with higher investing demand from Thai customers.
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Banks retreat, private credit advances: Asia Pacific’s quiet lending revolution
Human Sparsity Blockchain: A citizen-validated ledger for digital finance supervision
Will stablecoins disrupt the banking business?
Digital transformation starts with leadership
The future of Asian banking isn’t ‘AI-first’ – it’s ‘fearless-first’