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.