News

Renminbi clearing in Taiwan could begin this week

Central bank finalizing preparations for start of renminbi operations.

PNB, Allied Bank gets a go-ahead to merge

Merger to be completed in February.

Yes Bank seeks to speed-up growth

Eyes Royal Bank of Scotland Group’s retail assets to attain this aim.

Philippine banks' lending slowed to 14% in November

Slowdown was most evident in trade and construction.

Korean banks' earnings to fall short of consensus estimate

Blame it on additional provisioning to meet tighter FSS guidelines.

Chinese banks’ new loans may soar by 83%

Here’s how the 4 big banks drive the momentum.

Three banks want Rabobank's Indonesian unit

Industrial and Commercial Bank of China seeks strong presence in Indonesia.

S. Korean banks to lend more to smaller firms in 2013

Eighteen Korean banks are planning to lend a combined 30.8 trillion won to SMEs this year.

Hong Leong Bank unveils new Wise credit card

Cardholders can have up to 10% cash back benefit.

Delaying Basel III implementation a boon for Korean banks

It's a missed opportunity for Korea to strengthen its bank regulatory framework, says Moody's.

Malaysian Islamic finance sector gains global ground

Malaysia’s Islamic finance services sector now boasts of the world’s largest sukuk market.

Yes Bank, IndusInd target Indian retail assets of RBS

Yes Bank and IndusInd Bank are negotiating to acquire Royal Bank of Scotland's Indian retail assets.

Online banking fraud in Malaysia on the decline

Efforts by Malaysian banks to ensure the safety of e-banking services are paying off.

Indonesian credit card issuers brace for tougher competition

Credit cards in circulation in Indonesia is expected to grow by around 17 million this year.

Myanmar to reform banking system

Myanmar has set its sights on overhauling its battered and distrusted banking system.