News
PBOC Monetary Policy Committee names five new members
Will help advise on China’s monetary policies.
Bank consolidation in the Philippines seen to intensify next year
Despite lower earnings trend.
Krung Thai Bank net profit predicted to soar 48% to THB9.5b in 3Q
Loan growth set to impress.
UOB Vietnam launches an FDI Advisory Unit
Customers looking to expand will benefit.
PNB denies rumours that it is for sale
But this Malaysian bank is said to be wooing PNB.
Philippines encourages Islamic banking
Will craft regulations to spur its growth.
BCA hiked IDR time deposit rate by 50-75bp to 6.25%
Third hike this year.
Hang Seng Bank's operating profit jumped 12% to $8,934m
Net interest income edged up 8%.
How a 'hard landing' could hurt Chinese banks
Fears rise over credit quality deterioration.
ICBC to open at Shanghai FTZ
Will be first Chinese bank with FTZ branch.
How slow economic reforms are hampering Vietnam banks' growth recovery
Risk profiles to remain vulnerable.
Bank of China and SGX agree to develop RMB market
Sign MoU to grow Chinese business.
Indian banks bolstered by new US$5 billion swap facility
It’s a huge help in their overseas fundraising.
Meritz Financial makes bid to buy Woori Financial
Wants to create synergies in consumer financial market.
India Post pushes plan to establish Post Bank of India
This despite government opposition.
Hong Kong no longer safe haven for South Korean tax evaders
Both nations sign pact on tax evaders