News

Due to unknown operating risks and strong domestic competition, Taiwan banks will be careful in penetrating China's banking sector.

The country's central bank wants to discourage stockpiling of high-interest notes by enforcing standard repurchasing agreement.

SCIB decides to suspend shedding off $271.7 million of non-performing loans due to low bids.

Maybank emphasized in an official statement that it will not make any bid for a stake in Siam City Bank.

Regulators' nods are the only impediment to HSBC's buying of RBS Asia units.

Sustained rise in demand for loans spurs optimism on reaching targeted 8 to 10 percent increase.

ACCC will likely turn down mergers of Big Four with smaller banks amid global financial crisis.

RBS Vietnam became the second of six markets to transition to ANZ ownership after the acquisition of RBS Philippines.

Indian government ensures its support provided that public sector banks would meet regulators' guidelines.

More than 80 percent expected growth would depend on effectiveness of regulations like eliminating double taxation.

Finance committee doubts Bank of Taiwan and Land Bank union will create synergy.

The Aaa-rated government is capable of supporting its lenders to become drivers for economic growth.

Malaysia's biggest foreign-owned lender attributes 30 percent year-on-year growth on new SME loan method.

ICICI eyes to operate in Singapore after getting clearance to operate in Britain and Canada. 

Australian government set measures to intensify competition among its biggest banks to cut banking charges.

Standard & Poor's affirmed its 'BBB+' long-term and 'A-2' short-term counterparty credit ratings on Dah Sing Bank. The outlook on the long-term rating is negative. S&P also affirmed the issue ratings on the issues under DSB's medium-term note program. All the ratings were removed from CreditWatch, where they had been placed with negative implications on 24 July 2009. At the same time, it affirmed the 'C+' bank fundamental strength rating on DSB.