News

Why 2013 is just the beginning of NPL waves for China banks

Around RMB 5trn expected over the next five years.

Hong Kong has 30 billionaires

Most originally came from the mainland, however.

NPLs become a booming business for Korean banks

Generates annual return rate of up to 10%.

Bank of China launches "Micro-Bank"

It’s also available through WeChat and Yixin.

China to better tackle NPLs

Wary that spike could threaten structural reforms.

Yakuza loan scandal widens

Shinsei Bank admits doing business with mobsters.

Hong Kong, Singapore among eight NBAD banking hubs

Part of NBAD’s plans for domestic and international expansion.

Philippine bank lending rises 16%

Supports sustained expansion of productive sectors of the economy.