News

Check out Wing Hang Bank's special promotion for the Lunar New Year

Customers who start a My Kid Savings Plan are entitled to a 1.75% interest rate.

CCB International bullish on Chinese banking sector

Said sector to gain boost from solid Chinese economy.

United Bank of India to get capital infusion

The United Bank of India will likely get Rs 100 crore fund infusion through share issuance to the government.

Bank Rakyat Indonesia posts $1.9-B profit in 2012

Rising loan demand pushed Bank Rakyat Indonesia's profit by 23 percent in 2012.

Banks to answer for fake ATM notes in rural India

India wants to change the law that makes the holder of counterfeit currency responsible.

Indonesia's BCA raises $207-M from stake sale

Bank Central Asia raked in $207 million from treasury stock sale to the Credit Suisse Group in Hong Kong.

Thai banks' household loans under watch

The Bank of Thailand said it was keeping a close watch on credit for the purchase of cars and condominiums.

State Bank of India shifts lending power to branch managers

State Bank of India is giving up its half-a-decade of centralised loan processing.

You won't believe how impactful India's 3 newly-enacted banking bills are

Scope for foreign bank entry will be widened, among others.

ICBC Singapore now authorised as the clearing bank for RMB

ICBC was granted QFB privileges in 5 October 2012.

OCBC's 4Q12 net profit expected to decline 13%

But strong GEH results will offset revenue impact.

PSBank reports 14% net income growth in 2012

Attributes it to increases in loans and investment portfolio.

East West bank introduces own debit card

New card suitable for families of Overseas Filipino Workers.

Thai banks post Bt173-B net profit in 2012

Thai commercial banks increased their combined net income by 21 percent to Bt173 billion in 2012.

KB Financial Q4 net dips 2.42% on falling margins

Weaker profit margins and interest income pulled KB Financial's fourth-quarter earnings down from a year ago.