News

Philippine banks to enforce most Basel III reforms

Philippine banks to enforce most Basel III reforms

Are vying to be among the first Asian banks to price Basel III-compliant subordinated debt.

Indian banks opening more branches in tax havens

Indian banks open 55 branches in tax-friendly states.

China’s banking crisis has begun

Hong Kong economist said debt bomb is about to explode.

ABC and BOC report slower profit growth

Two of the Big Four banks said economic slowdown crippled loan demand in 2012.

China warns banks anew on WMPs

Orders banks to strengthen checks on underlying assets of Wealth Management Products.

Higher credit charges help depress ABC’s net profit

Agricultural Bank of China reported net profit of RMB 145.1bn for FY12.

Here’s more from Barclays

Stronger-than-expected fee income and lower credit costs push up profit.

CBRC warns banks against lending to nine sectors

Move is aimed at improving implementation of standardized loan procedures to reduce risk.

Vietnamese banks refuse to lend

Are sitting on a huge stash of cash and refuse to cut interest rates on loans.

HSBC and ICICI boosting Indian credit card base

This is their first expansion since 2008-09.

BPI introduces low interest credit cards

Claims 2% finance charge is the market’s lowest.

6 key takeaways from China Construction Bank's FY12 results

2013 NIM is expected to be at the 2011 level of 2.7%.

Citi's first common depository location outside Europe revealed

Citi is supported by Euroclear Bank and Clearstream in serving Asia Pacific.

Organization of Vietnamese AMC in doubt

Questions rise about funding Asset Management Company.

Indian banks face Basel III on April 1

Reserve Bank of India to issue a notification for the implementation of Basel III this week.

See how China Construction Bank fared in 2012

Net profit increased 14% to RMB 193.2b.

CIMB launches investment banking and brokerage business in Korea

CIMB is the first ASEAN firm to be granted its brokerage license via application.