News
Eight Chinese banks accept payments made using NFC
Smartphones need an app called “Wallet” to use NFC.
Big Four state-owned banks are world’s richest
Dominate list of banks with highest net interest income.
BTMU strengthens Islamic finance services in Malaysia
Japanese bank pioneers in offering Islamic products and services.
India hikes interest rates again
Part of frantic effort to stop rupee’s plunge.
Chinese banks boost loans to SMEs
Lending hits US$2.58 trillion in May.
Bank Negara Indonesia enters into business cooperation agreement with Orix
It’s BNI’s first such agreement with a Japanese financial firm.
India’s financial services sector hit by Morgan Stanley downgrade
Rating cut to “cautious” from “in-line.”
RBI fines 22 banks US$8.3 million
Banks penalized for breaking anti-money laundering and other regulations.
PBOC to adjust liquidity when needed
China’s economic growth facing massive downward pressures.
Bank Islam expanding into Southeast Asia
Is particularly interested in Indonesia.
CCB will open in Luxembourg
Will become third Chinese bank to do so.
Here's proof that banks in Asia Pac are resilient amidst global financial crisis
But borrowers' leverage has increased.
China orders banks to register WMPs
Tightens oversight of controversial financial product.
Malaysia to get tougher on erring banks
Warns of law suits and hefty fines.
Small Chinese banks dumping NPLs
Liquidating NPL assets to control related risks.
Malaysia overhauls Islamic financing laws
New law will boost protection for depositors.
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