News

Here's why Indonesian banks' NIMs could be stagnant

Funding cost pressure raised on smaller banks.

Philippine banks open 211 branches in Q1

Permits greater access to formal financial services.

China banks' June net forex sales plunge 62%

Dramatic drop suggests accelerating capital outflow.

Financial products in Chinese banks stand at US$1.6 trillion

Indicates growing innovation among Chinese banks.

Indonesian banks warned of an imminent funding cost pressure

Banks may be more nervous to fund credit growth.

Malaysia launches mobile payment channel

MyMobile will eventually be interoperable between all banks.

Check out which banks won at the Asian Banking and Finance Awards 2013

Nearly 200 senior bankers graced the awards night in Singapore.

China will scrap ABS quota for banks

Desperate need to provide more credit for weak economy.

KDB raises Euro 200 million

Taps existing Euro 500 million issuance.