News
BOC finally sold to CIMB for US$279m
58% of BOC is now CIMB-owned.
BOJ prods banks to hike businesses lending
Launches new, low-interest lending program.
ICICI Bank launches “HiSave”
Pays market-leading rate to selected savers.
Taiwan boosts position as offshore renminbi hub
Deutsche Bank becomes first foreign bank to raise renminbi in Taiwan.
New RMB loans down to RMB 667b in May
Growth was offset by the low ST corporate loans.
More Philippine banks to list on PSE
Financial sector outperforming the main PSE index.
Citi launches Virtual Card Accounts in 6 Asian markets
Including Singapore, Malaysia, and South Korea.
These are the 5 key priorities for Asia Pacific treasurers over the next 2 years
Cash flow forecasting is the primary challenge.
Indonesian sharia banks head for the Philippines
Philippines asks Indonesia for assistance.
New Chinese bank loans fall 9%
Drops to US$107.6 billion in May.
Shanghai to trial renminbi convertibility
Intends to to test convertibility at the Qianhai zone.
China extends freeze on IPOs
Continuing hike in bad loans forces extension.
Axis Bank, IFC increasing trade finance for Indian SMEs
Will provide partial or full guarantees covering clients' payment risk .
SMBC dumps Barclays holdings
Says divestiture will improve its "capital efficiency".
India gives new banks more time to set up
Adds six months to start-up time.
This is what happens when Islamic banks' CEOs engage in a power debate
Find out what CEOs of CIMB, Maybank argued.
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