News
Agricultural Bank Of China awaits IPO approval
Agricultural Bank Of China awaits IPO approval
Government's nod for IPO in Shanghai and Hong Kong could raise $22 billion for the bank.
Maybank Cambodia eyes early turnaround for 7th branch
Maybank is targeting a turnaround in the second year of operation for its new Toul Kork branch.
Indian banks have 40,000 job vacancies
Indian public sector banks need to fill in vacancies caused by business expansion, resignations and retirements.
HSBC to return headquarters to Asia
Movement from London to Hong Kong will enable the lender to concentrate on Asian markets.
Hang Seng to open Foshan branches
Hang Seng Bank received permission from the China Banking Regulatory Commission to open its first cross-city sub-branch.
South Korean banks reveal 2010 plans
Big lenders are readying for fresh challenges as economy rebounds from crisis.
China regulator issues $73bn capital requirement for banks
Chinese banks are pressured to fund their 2010 loan growth through bond or equity issuance.
Oriental Bank of Commerce plans putting up HK office
Hong Kong opens colossal break in OBC's global expansion efforts.
Pre-payment penalty for Axis Bank home loans removed
Axis respects customers' right of choice even when they shift a loan to a competing bank.
Bangkok Bank positive loans 2010 growth of 3-4%
Intensified lending to small and medium businesses and economic rebound give Bangkok Bank reason to cheer.
China Construction Bank to expand in Vietnam
National Bank's approval makes CCB first Chinese bank to establish branch in Ho Chi Minh City.
South Korean regulator to police loan-deposit ratios
Lenders are barred from lending more than the amount they receive to manage their liquidity risks.
NAB's Moody's ratings unaffected by Axa bid
NAB's purchase agreement of AXA's wealth management business for US$4.2 billion has no impact on its ratings.
Chinese banks limited to lend $1.1tln in 2010
Analysts believe $366 billion cut from 2009 cap can be replenished as loans growth remains high.
New Stanchart CEO in Korea keen on expansion
Newly-appointed SC First Bank chief Richard Hill will invest $100 million in the next two years.
Samsung Group launches microcredit bank
The bank handles $257.12 million in funds and is geared to expand with five branches.
RHB Bank keen on new Indonesian arm, Mestika
Acquisition of Bank Mestika provides access to the bank's most important overseas market.
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It is wading downstream from mortgages to lend to developers, hardware stores, and the likes.
Commentary
Built to last: How Japan is approaching the cross-border payments challenge
Asia’s 20% advantage: The simplification strategy rewriting banking from Singapore to Shanghai
Perth is emerging as an unlikely testbed for the future of global finance