News

The capital adequacy ratio of South Korean banks edged up in the second quarter on account of solid earnings.

The fund will have a Shariah- compliant equity exposure of up to 98% of the fund's next asset value.

Borrowing costs for CNY denominated debt were “substantially lower” in Hong Kong than in China.

Slowdown in sectors such as real estate fuelled more concerns of a potential further rise in asset quality issues.

The shares, considered tier 1 capital under Basel III reforms, are eyed to carry an annual margin of 3.1%-3.3%.

The app is available in Apple iPhone's iOS, Google's Android OS and the RIM BlackBerry OS platforms.

The Philippine central bank allowed the lender to convert up to 41 of the 46 Green Bank branches.

Non-resident Indians can now easily track exchange rates, as well as track their money transfer request via their mobile phones.

State Bank of India can continue its growth this financial year even if the Indian government's proposed capital infusion doesn't take place, a top executive said Tuesday.

PBOC allowed foreign institutions to trade in its interbank bond market to widen the channels for offshore Renminbi to flow back into China.

'Verified by Visa' feature combines e-commerce platform and security.

The top 5 Chinese banks knocked out their 14 largest US and European rivals.

The ratings firm said Singapore banks are likely to maintain their sound credit profiles, in spite of growing uncertainty over the global economy.

Standard Chartered experienced faster expansion of its Chinese mainland business than the rest of its units in the  first half of 2011.

Maybank hopes Indonesian ruling on bank shareholding will not be detrimental to foreign investors.

 Ten Chinese commercial banks reported higher-than-expected net profits of 244.7 billion yuan or 72.11 billion U.S. dollars.