News
Big Four stop doing business with North Korean bank
Big Four stop doing business with North Korean bank
Increases pressure on North Korea to abandon nuclear power program.
Standard Chartered records slowest revenue growth in 10 years
Guess where the 5% drag on Group revenues came from?
Singapore banks' loan to deposit ratio boosted by robust loan growth
All three of them hit the high 80s.
Deutsche Bank named Asia's leading foreign exchange bank for 9th consecutive year
DB has 19.81% market share.
China enters into currency swap arrangement with Pakistan
Was implemented May 7 after issuance of necessary instructions to banks.
Aussie banks urged to improve funding to meet Basel III requirements
They're expected to lengthen their wholesale funding.
BoCom to allow conversion of Aussie dollar into renminbi
Conversion to begin in 2014 as part of the renminbi’s internationalization.
OCBC knocked off its top spot as the world's strongest bank
Guess which bank topped Bloomberg's list?
Thai banks' NIM 'remarkably stable' at 3% for 4 years
Loans were up 12.4%.
National Australia Bank cuts standard variable home loan rates to 6.13%
It's the lowest of the major banks for 46 months.
China gets tougher on renminbi speculation
New rules immediately cause renmnbi to fall against the US dollar.
Commonwealth Bank, Westpac cut interest rates by 0.25% for home owners
That is for standard variable home loans.
RHB and OSK complete merger
RHB Holdings Hong Kong is now a member of the RHB Banking Group.
SMBC launches commercial banking business in India
Says it was encouraged by India’s high growth potential.
Philippines sues Maybank affiliate for tax evasion
Philmay Property, Inc being sued for US$4.2 million in unpaid taxes.
Cut in CRR needed to benefit borrowers
Refinancing pressure prevents borrowers from benefiting from government rate cuts.
Philippines increases MBO deposit limits by 63%
Move intends to help promote financial inclusion in rural areas.
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